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Stock Market News

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Stock Market News (European Open) – Spanish stocks outperform; Shanghai equities retreat on deleveraging worries

Posted on October 30, 2017 at 9:55 am GMT

In Asian equities, the Japanese Nikkei 225 and Topix indices finished the day flat, remaining at the multi-year highs hit on Friday when the two benchmarks posted sizable gains. Hong Kong’s Hang Seng lost 0.4% and the Shanghai Composite declined 0.8%. Australia’s S&P/ASX 200 added 0.3%.  Shanghai stocks contracted the most in more than two months on the back of expectations for a slew of IPOs and bond yields edging higher, hinting to tighter liquidity. The rise in bond yields [..]

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Stock Market News (European Open) – Weaker euro, sterling boost exporter-heavy European indices; DAX, CAC hit record highs; Chevron, Exxon eyed

Posted on October 27, 2017 at 10:00 am GMT

Out of Asia, the Nikkei 225 added 1.2% to close above the 22,000 mark for the first time since 1996. The Topix, Japan’s broader gauge of equity performance, gained 1.0% to finish at its highest since July 2007. The two exporter-heavy benchmarks were supported as dollar/yen was on the rise. The pair today touched 114.31, its highest since July 11. Hong Kong’s Hang Seng advanced 0.8% and the Shanghai Composite climbed by 0.3%. Australia’s S&P/ASX 200 lost 0.2%. The picture [..]

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Stock Market News (European Open) – Spanish equities decline on Catalonia uncertainty; Alphabet, Amazon in focus

Posted on October 26, 2017 at 9:58 am GMT

After yesterday’s decline that ended their long streak of gains, the Japanese Nikkei 225 and the Topix indices advanced by 0.15% and 0.1% respectively during today’s trading. Hong Kong’s Hang Seng lost 0.4% and the Shanghai Composite added 0.3%. Australia’s S&P/ASX 200 rose 0.2%. Today’s decision on monetary policy by the European Central Bank at 1145 GMT as well the press conference by President Mario Draghi at 1230 GMT are without a doubt the highlight of the day. The ECB [..]

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Stock Market News (European Open) – FTSE declines on rising sterling; Coca-Cola and Boeing to release results before US open

Posted on October 25, 2017 at 9:56 am GMT

Asian markets projected a mixed picture today with movements from major benchmarks being fairly limited. The Japanese Nikkei 225 and Topix indices finished the day lower by 0.45% and 0.3%, ending a 16- and 12-day streak of positive closes respectively (the longest on record for the Nikkei) that brought them to multi-year highs. Hong Kong’s Hang Seng gained 0.5% and the Shanghai Composite rose by 0.3%. Australia’s S&P/ASX 200 Index added 0.1%. In Europe, the pan-European Stoxx 600 was down [..]

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Stock Market News (European Open) – European markets mixed; Japanese equities extend gains; McDonald’s reports before US open

Posted on October 24, 2017 at 9:34 am GMT

In Asia, the Nikkei 225 finished the day higher by 0.5%, extending its record winning run to 16 straight days. The Topix, a broader gauge of Japanese equities, added 0.7% to record its 12th consecutive daily advance. Both benchmarks currently stand at multi-year highs. Hong Kong’s Hang Seng shed 0.5% with the Shanghai Composite adding 0.2%. Australia’s S&P/ASX 200 rose 0.1%. Major European bourses were giving a mixed picture during morning trading with major themes affecting sentiment in the continent being [..]

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Stock Market News (European Open) – Spanish stocks underperform; Nikkei longest streak of gains on Abe landslide

Posted on October 23, 2017 at 10:04 am GMT

In Japanese equities, the Nikkei 225 and the broader Topix once again finished the day in the green, extending their multi-year high closes; the Nikkei added 1.1% and the Topix rose by 0.8%, closing at their highest since 1996 and 2007 respectively. Hong Kong’s Hang Seng declined by 0.6%, while the Shanghai Composite added 0.1%. Australia’s S&P/ASX 200 fell 0.2%.  The Nikkei recorded its longest streak of gains – 15 consecutive days – as it finished in positive territory today. [..]

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Stock Market News (US Open) – European stocks head higher ahead of crucial meeting in Spain; US indices renew highs on tax optimism

Posted on October 20, 2017 at 2:05 pm GMT

At 1355 GMT, a few minutes after US stock markets opened for the trading day, most major European benchmarks were looking set to finish this week’s last trading day on a positive note. The pan-European Stoxx 600 was higher by 0.25% on the day, though it was lower by 0.3% on a weekly basis after advancing for five straight weeks. The FTSE 100 and CAC 40 were higher by 0.2% and 0.1% respectively with the DAX being flat. The Spanish [..]

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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 [..]

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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 [..]

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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 [..]

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