European stocks close lower amid earnings, trade uncertainty; Asos down 20%
Thursday, 18 July 2019 23:23 WIB |
MARKET UPDATE |Indeks Stoxx Europe 600Saham Eropa
European stocks closed lower on Thursday as investors digested fresh corporate results and kept an eye on global trade developments.
The pan-European Stoxx 600 was down 0.2% to 386.80 at the closing bell, with technology stocks trimming earlier losses to trade 1.4% lower on the back of German giant SAP™s slide. Health care stocks led gains with a 0.8% rise.
Novartis beat analyst expectations for the second quarter, reporting strong results and raising its guidance for the year, leading its shares 3% higher.
Swedish engineering company Indutrade plummeted 11% to the bottom of the Stoxx 600 after its earnings report, while compatriot Epiroc rose almost 6%.
Asos shares slumped more than 20.5% on Thursday after the British online fashion retailer issued its third profit warning in eight months.
Monday, 26 August 2019 10:17 WIB
Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets.
The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session ...
Monday, 26 August 2019 08:49 WIB
Hong Kong stocks dived more than three percent in the first few minutes of business Monday after Donald Trump ramped up his trade row with China, while the city was hit by fresh violent protests over the weekend.
The Hang Seng Index dived 3.27 percent, or 857.33 points, to 25,322.00 at the open.
Monday, 26 August 2019 07:44 WIB
Asian shares were a sea of red on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds, gold and the Japanese yen.
Yields on benchmark 10-year Treasury debt dropped to their lowest since mid-20...
Monday, 26 August 2019 07:28 WIB
Tokyo's key Nikkei index plunged as much as 2.6 percent at the open on Monday as the yen surged against the dollar on escalating US-China trade tensions.
The Nikkei 225 was down 2.56 percent, or 529.86 points, to 20,181.05 in early trade, while the broader Topix index lost 2.45 percent, or 36.78 po...
Saturday, 24 August 2019 04:05 WIB
Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate cuts.
The Hang Seng Index jumped 0.50 percent, or 130.61 points, to 26,179.33.
The benchmark Shangh...