Stock Market News

Stock Market News (European Open) – Financials, basic materials on the rise in Europe; Japanese indexes at multi-year highs ahead of elections

Posted on October 20, 2017 at 9:59 am GMT

In Asian markets, the Nikkei 225 and the broader Japanese index, the Topix, finished the day marginally higher, closing at their highest since October 1996 and July 2007 respectively. Hong Kong’s Hang Seng added 1.2% after yesterday’s sell-off and the Shanghai Composite rose by 0.3%. Australia’s S&P/ASX 200 advanced 0.2%. Japan will be going to the polls on Sunday with latest forecasts indicating that Prime Minister Shinzo Abe’s ruling coalition is likely to secure the two-thirds super-majority it held in [..]

Stock Market News (US Open) – European bourses deeper in losses; Wall Street opens lower

Posted on October 19, 2017 at 1:55 pm GMT

As trading progressed, the pan-European Stoxx 600 deepened its losses relative to morning trading, recording a three-week low of 387.81 at its lowest. At 1330 GMT, it was down by 0.9%, not far above the aforementioned low and with all industry sectors comprising the index being in negative territory. Major European benchmarks also remained in the red with the FTSE 100, DAX and CAC 40 trading down by 0.4%, 0.7% and 0.6% respectively. The Spanish IBEX 35, which has been [..]

Stock Market News (European Open) – European equities in the red as uncertainty remains in Spain; Asia mixed

Posted on October 19, 2017 at 9:52 am GMT

In Japan, the Nikkei 225 and the country’s broader gauge of equity performance, the Topix, gained 0.4% and 0.3% respectively, extending their streak of positive closes and yet again renewing multi-year highs. Hong Kong’s Hang Seng and the Shanghai Composite declined by 1.9% and 0.35% respectively. Australia’s S&P/ASX 200 added 0.1%. Chinese GDP growth figures were among the day’s highlights in terms of data releases out of the world’s second largest economy. Economic growth came in in line with expectations [..]

Stock Market News (US Open) – European markets on the rise; DAX at all-time high; Dow opens above 23,000

Posted on October 18, 2017 at 1:58 pm GMT

The picture in Europe was broadly positive as US traders were commencing their trading day with the pan-European Stoxx 600 being up by 0.4% and not far away from the four-month high of 392.42 that was recorded a couple days ago. All industry sectors comprising the Stoxx 600 were in the green with technology leading the gains. The UK’s FTSE 100 was higher by 0.5%, with the German DAX and French CAC 40 higher by 0.6%. The German index was [..]

Stock Market News (European Open) – European markets mostly higher; Spanish equities underperform as Catalan deadline looms

Posted on October 18, 2017 at 9:38 am GMT

In Asia, the Nikkei 225 and the broader Japanese index, the Topix, added to the streak of positive closes that saw the two indices renew multi-year highs, though gains were softer relative to preceding sessions as both benchmarks added just 0.1%. Hong Kong’s Hang Seng advanced by 0.05% with the Shanghai Composite adding 0.3%. Australia’s S&P/ASX 200 was little changed. The five-yearly Chinese Communist Party Congress got underway with President Xi Jinping laying out his vision for the world’s second [..]

Stock Market News (US Open) – European stocks edge higher; Wall Street opens little changed with Dow not far below 23,000

Posted on October 17, 2017 at 1:47 pm GMT

With the open of US markets at 1330 GMT, the Stoxx 600 was trading marginally higher. The pan-European index fluctuated within a relatively narrow range during today’s trading, having reached a fresh near four-month high of 392.42 earlier in the day. The FTSE 100 reversed morning losses to trade in the green after comments by BoE policymakers, including the central bank’s governor Mark Carney, were perceived as dovish by markets and pushed sterling lower relative to the other major currencies. [..]

Stock Market News (European Open) – European equities moderately lower; markets “fatigued” by N. Korean Story?

Posted on October 17, 2017 at 9:43 am GMT

In Japan, the Nikkei 225 and the broader Topix advanced by 0.4% and 0.2% respectively, hitting fresh multi-year high closes, though gains were more limited relative to previous trading days. Hong Kong’s Hang Seng finished marginally higher and the Shanghai Composite edged down by 0.15%. The South Korean Kospi added 0.2%, with Australia’s S&P/ASX 200 advancing by 0.7% as the minutes of the RBA’s October meeting showed no urgency on behalf of the bank to raise rates soon. North Korea’s [..]

Stock Market News (US Open) – Stoxx 600 reverses gains to trade flat; S&P 500 posts fresh record high

Posted on October 16, 2017 at 1:59 pm GMT

At 1330 GMT and as US traders were beginning their trading day, the Stoxx 600 was roughly flat relative to where it closed on Friday, having reversed earlier gains that saw it record a four-month high of 392.42. Basic materials was the pan-European index’s best performing industry sector on a day when copper prices rallied, boosting mining firms. The FTSE 100 was 0.1% higher, while the DAX and CAC 40 traded up by 0.2% and 0.25% on the day respectively. [..]

Stock Market News (European Open) – Miners dominate Stoxx 600 outperformers; Japanese equities renew highs

Posted on October 16, 2017 at 9:41 am GMT

Equities in Asia were rising for the most part. In Japan, the Nikkei added 0.5% and the nation’s broader equity gauge, the Topix, gained 0.6%, both renewing the multi-year high closes set during the previous week; the Nikkei and Topix finished today’s trading at their highest since 1996 and 2007 respectively. Hong Kong’s Hang Seng advanced by 0.8% with the Shanghai Composite losing 0.35%. Australia’s S&P/ASX 200 and South Korea’s Kospi rose by 0.6% and 0.3% respectively. The governor of [..]

Stock Market News (US Open) – US indices again in record highs while Europe heads towards mixed close

Posted on October 13, 2017 at 2:31 pm GMT

US indices were again trading in record-high territory on Friday as the Dow was up by around 0.2% to 22,882 and the S&P 500 was up by 0.1% at 2,553. The Nasdaq Composite was also up by 0.3%. In Europe, the picture was more mixed as a little before the close, the Stoxx 600 was up by nearly 0.2% but London’s FTSE 100 was down by a roughly similar amount. The main corporate story in Europe was the purchase of [..]

Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

How can we help?

Live Chat Terms