European stocks move lower as traders monitor earnings; UK moves toward December election
Tuesday, 29 October 2019 23:06 WIB | MARKET UPDATE |Saham EropaIndeks Stoxx Europe 600

European stocks traded lower on Tuesday afternoon as traders monitored earnings and progress in U.S.-China trade discussions, while the U.K. looks set for a December election.

The pan-European Stoxx 600 was down 0.3% during afternoon deals, with telecoms falling 2% to lead losses while construction and material stocks added 0.6% and most sectors traded in the red.

Market players are largely following corporate earnings. BP reported a 41% drop in third-quarter net profit on the back of weaker oil prices and weather impacts. BP shares were down 4% in afternoon trade.

Meanwhile, offshore wind energy developer Orsted sank 7% to the bottom of the Stoxx 600 after lowering its long-term financial targets and announcing a cost-cutting program.

Finland™s Stora Enso was down by 5% after the packaging firm reported lower-than-expected sales and operating profit.

Source: CNBC

RELATED NEWS

Stock Futures Point to Opening Gains on Thursday
Thursday, 9 April 2020 16:06 WIB

Stock futures pointed to a little changed open on Thursday in early morning trading. Futures on the Dow Jones Industrial Average rose 177 points, pointing to an opening gain of about 100 points on Thursday. S&P 500 futures and Nasdaq-100 futures pointed to small gains at the Thursday open for t...

Hong Kong Stocks Finish With Rally
Thursday, 9 April 2020 15:47 WIB

Stocks in Hong Kong ended with a healthy rally Thursday, in line with an advance across Asia, with investors cheered by signs that the rate of new coronavirus infections was slowing. The Hang Seng Index jumped 1.38 percent, or 329.96 points, to 24,300.33. The benchmark Shanghai Composite Index add...

European markets open higher ahead of US jobless claims data
Thursday, 9 April 2020 14:17 WIB

European markets opened higher Thursday as market participants start to hope that the coronavirus pandemic is reaching a peak, but the latest U.S. unemployment claims data could hit sentiment. The pan-European Stoxx 600 climbed 1.1% in early deals, with autos jumping 2.4% to lead gains as all secto...

Tokyo's Nikkei edges down as virus fears offset stimulus hope
Thursday, 9 April 2020 13:37 WIB

Tokyo's benchmark Nikkei index closed marginally lower on Thursday, as expectations for the impact of a massive Japanese economic package were offset by worries over the ongoing coronavirus pandemic. The Nikkei 225 index lost 0.04 percent, or 7.47 points, to 19,345.77, while the broader Topix index...

Hong Kong stocks higher at lunch
Thursday, 9 April 2020 11:18 WIB

Hong Kong stocks finished the morning session on a positive note Thursday following a surge on Wall Street fuelled by hopes that the coronavirus crisis could be reaching a peak. The Hang Seng Index rose 0.70 percent, or 167.08 points, to 24,137.45 by the break. Source : AFP...

ANOTHER NEWS
Gold climbs 1% on safe-haven demand, markets eye OPEC+ verdict
Thursday, 9 April 2020 19:01 WIB Gold prices gained 1% on Thursday on safe-haven buying ahead of an extended weekend and a crucial meeting of top oil producers, with bullion also latching on to gains in wider markets amid hopes the coronavirus pandemic was close to peaking. Spot...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.