Home / Stock Market News / Stock News

Stock News

European Stocks Hold Steady After Longest Slump Since November

European stocks were little changed, after a four-day decline, as losses in commodity producers offset further gains in builders. The Stoxx Europe 600 Index climbed less than 0.2 percent at 8:32 a.m. in London. The benchmark trimmed intraday declines on Monday as construction companies rallied on U.S. President Donald Trump’s comments about “big” spending on infrastructure. Investors are seeking details of his economic plans from his address to a joint session of Congress, due after European markets close. “While markets no doubt appear to like what they are hearing, the ...

Read More »

Asian shares on track for monthly gains, await Trump policy speech

Asian shares lost their grip on Tuesday but were still on track for a winning month, bolstered by gains on Wall Street as investors awaited a speech by U.S. President Donald Trump for signals on tax reform and infrastructure spending. In Europe, Germany’s DAX and Britain’s FTSE were expected to open higher. MSCI’s broadest index of Asia-Pacific shares outside Japan erased earlier modest gains and edged down slightly by mid-afternoon. But it was still up more than 3 percent this month and more than 9 percent for the year so ...

Read More »

China Will Allow More IPOs to Lure Capital, Regulator Says

China will allow more companies to list on its stock market to boost support for its economy, the nation’s top securities regulator said, dismissing concerns that more supplies of shares can depress the market. The capital market’s recovery from a 2015 rout has been stronger than expected and is now ready for “appropriately” larger supplies of initial public offerings, China Securities Regulatory Commission Chairman Liu Shiyu said Sunday in Beijing, citing a “mainstream” view. The regulator’s faster approval of IPOs last year had been “welcomed” by the market, he said, ...

Read More »

Record-setting stock rally faces test in Trump speech

U.S. President Donald Trump’s planned economic agenda has fanned the flames for Wall Street’s record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague. The benchmark S&P 500 has surged 10 percent since Trump’s Nov. 8 election, with optimism running high over the Republican administration’s domestic proposals, including plans to reform taxes paid by businesses. But there have been few specifics so far, and some investors believe Trump may need to ...

Read More »

Investors pile into stocks, closer to ‘sell’ territory -BAML

The rise in world stocks this week to fresh all-time highs drew an eighth straight weekly inflow into equity funds, Bank of America Merrill Lynch said, while bond funds also chalked up their ninth straight weekly inflow. The $8.5 billion equity fund inflow in the week to February 22 pushed BAML’s “Bull & Bear” indicator deeper into bullish territory and closer to levels that generate a contrarian ‘sell’ signal. For that to happen, however, investors need to reduce their cash holdings a little further and buy more emerging market and ...

Read More »

Asian Emerging Market Stocks Poised to Relive Glory Days: Old Mutual

After shrugging off their U.S. election hangover, Asia’s emerging-market stocks scrub up rather well. That is the view of Joshua Crabb, head of Asian equities at a unit of Old Mutual Plc, who draws hope from 10 to 15 years ago, when the U.S. Federal Reserve embarked on a series of interest-rate increases and Asia Pacific ex-Japan stocks stormed higher. “If you look at the period between 2003 and 2007 we saw a very similar scenario — a well-valued U.S. and a stronger global economy and Asia actually performed very ...

Read More »

Banks, BASF weigh on European shares at end of positive week

European shares slipped on Friday with banks falling and German chemical heavyweight BASF being hit by an underwhelming outlook. The STOXX 600 was down 0.4 percent. The index did, however, remain near its 14-month high hit on Wednesday and was set for its third positive week in a row – a rally fuelled by solid company updates and upbeat economic data. BASF fell 3.1 percent, the biggest drag on the STOXX. The world’s largest chemicals group said it would return to earnings growth after higher petrochemical prices bolstered fourth-quarter profit. ...

Read More »

Stocks ease, dollar poised for weekly loss as Trump rally pauses

Commodity-related sectors led European shares lower for a third straight session on Friday while the dollar was poised for a weekly losses as the “Trumpflation trade” lost momentum. World stocks have hit record highs, emerging markets have come back in favor and the dollar has climbed to a 14-year peak in recent weeks on the back of expectations that U.S. President Donald Trump’s economic agenda will stoke growth and inflation. New U.S. Treasury Secretary Steven Mnuchin took the edge off that optimism overnight when he said any policy steps by ...

Read More »

Wary Global Investors Hold Back on China — Update

Many global investors are missing out on China’s strongest stock-market rally in years, the latest sign that a potential clash with the U.S. over trade and currency policy looms over the world’s most populous nation. As of Tuesday’s close, the MSCI China index is up 11.6% this year, making it the fourth-best performer among the 23 countries tracked by the MSCI Emerging Markets Index. That index is up 9.8% through Tuesday’s close. China’s early gains put the market on pace for its best year since 2012, when its stock index ...

Read More »

It’s a ‘Wonderful, Wonderful’ World in China Stocks, $6.7B Hedge Fund Says

Throw out the idea that emerging markets are a single concept and instead choose places that have political predictability and enough domestic demand to withstand a currency crisis. That’s the thinking at Algebris Investments (UK) Ltd., a $6.7 billion global hedge fund whose macro credit fund outperformed peers in January. And it’s why China is looking interesting to Ivan Vatchkov, the chief investment officer for Asia in Singapore at Algebris. For Vatchkov, 38, China has a buffer against global market turmoil thanks to its political cohesion and its tight controls ...

Read More »

Institutional investors pull $469 billion from equities in 2016 – report

Institutional investors pulled $468.8 billion out of equities in 2016, a report by the research firm eVestment showed on Tuesday, notwithstanding a rally late in the year that drove stock markets to record highs. Investors piled into stocks after Donald Trump was elected as U.S. President in early November, betting that his much-touted tax cuts and spending plans would stimulate growth. Both U.S. and world stocks have powered to record highs, with the S&P 500’s market capitalisation climbing past $20 trillion this month for the first time ever. But in ...

Read More »

Global stocks top 2016 gains

Global stocks hit record highs on Wednesday, pushing gains for the year above those for all of 2016, while the dollar rose before Federal Reserve minutes that will be scoured for clues on the timing of the next U.S. interest rate rise. European shares followed Asian bourses higher, buoyed by all main indexes on Wall Street touching record closing highs on Tuesday. Relatively strong earnings seasons in Europe and the United States, forecast-beating economic data and U.S. President Donald Trump’s promises of tax reform, less regulation and more infrastructure spending ...

Read More »

Chinese investors find their cash is losing its cachet

For years, cash-rich Chinese investors have been highly sought after the world over. Now, their cash is losing its cachet. China’s increasing efforts to prevent capital from leaving the country are eroding the confidence of domestic and foreign investors about getting deals done inside and outside of the world’s second-biggest economy. Chinese bidders had become ubiquitous in deals in the past two years and were welcomed, said Severin Brizay, head of Europe, the Middle East and Africa mergers and acquisitions for the investment bank UBS. “Clients were asking if it ...

Read More »

Panic Over China Is So Last Year, With Market Swings Subsiding

At the dawn of the year of the rooster, China’s economy is as leveraged as ever, with credit still outpacing growth. Yet there’s a difference from past years: an absence of turmoil in financial markets. Swings in the yuan are at a three-month low Volatility in stocks in Shanghai is near the least since 2014 Bond yields have retreated from a 1 1/2-year high This all comes after two bumpy years featuring a surprise currency devaluation that roiled markets globally, a stock-market crash and a sell-off in bonds. Panicking over ...

Read More »

China Stocks Rise As Investors See A Bull Market On The Horizon

Global investors were seeking trading cues Tuesday following a holiday in the U.S., as concerns about the coming elections in France and the policy direction of the Trump administration continued to weigh on sentiment. Japan’s Nikkei Stock Average rose 0.7%, while Australia’s S&P/ASX 200 was flat. Hong Kong’s Hang Seng Index was down 0.6%, after the benchmark hit an 18-month closing high the previous day. The Shanghai Composite Index added 0.4%, while Singapore’s Straits Times Index was up 0.1%. “The political landscape is quite dominant at the moment,” said Alex ...

Read More »

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping