European markets close lower amid trade worries; Richemont shares dip 6%
Saturday, 9 November 2019 00:00 WIB |
MARKET UPDATE |Saham Eropa
European markets closed lower Friday, as investors reacted to conflicting signals about the ongoing Sino-U.S. trade war.
The pan-European Stoxx 600 index closed down around 0.4%, with most sectors and major bourses in negative territory. Retailers were among the worst performers, Ocado leading the sector™s losses with a more than 7% drop.
Meanwhile, data from Chinese customs on Friday showed the country™s October exports fell 0.9% year-on-year, while imports fell 6.4%. The figures reportedly beat analysts™ expectations.
Looking at individual stocks, Richemont tumbled toward the bottom of the European benchmark. The Swiss watchmaker reported weaker-than-expected earnings for the first half of the year, as political protests in Hong Kong weighed on sales growth. Shares of the firm slipped over 6% on the news.
Thursday, 21 November 2019 16:48 WIB
Stock futures slipped Thursday, but pared larger losses after China's vice premier, Liu He, reportedly said he™s œcautiously optimistic about getting to a preliminary phase 1 trade pact with the U.S.
Dow Jones Industrial Average futures eased 46 points, or 0.2%, to 27,754, while S&P 500 ...
Thursday, 21 November 2019 15:32 WIB
Hong Kong stocks finished sharply lower Thursday after the passage of a US bill supporting the city's rights fuelled fears about the outlook for China-US trade talks.
The Hang Seng index fell 1.57 percent, or 422.73 points, to 26,466.88.
The benchmark Shanghai Composite Index lost 0.25 percent, or...
Thursday, 21 November 2019 15:14 WIB
European stocks opened lower Thursday as relations between China and the U.S. come under strain over Hong Kong, amid concerns that œphase one of a trade deal between the two powerhouses may be pushed into 2020.
The pan-European Stoxx 600 dropped 0.6% at the start of the session, technology sto...
Thursday, 21 November 2019 14:54 WIB
China stocks extended losses for a second straight session on Thursday, as a fresh dispute between Washington and Beijing over Hong Kong stoked concerns that an interim trade deal could be delayed.
The blue-chip CSI300 index fell 0.5%, to 3,889.60, while the Shanghai Composite index shed 0.3% to 2,...
Thursday, 21 November 2019 13:35 WIB
Tokyo stocks fell for a third consecutive session Thursday on revived concerns about a China-US trade deal after American lawmakers approved legislation to support Hong Kong civil rights.
The benchmark Nikkei 225 index lost 0.48 percent, or 109.99 points, to close at 23,038.58, while the broader To...