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Tag: KOSPI Index

Market Update: US Futures, Earning Reports, Global Markets, & Commodity Prices

Market Update: US Futures, Earning Reports, Global Markets, & Commodity Prices

Wall Street is set to see its busiest week as major companies release reports this week supported by the push for the $1.9 trillion stimulus package. Global markets are mixed with European markets down due to increased travel restrictions. Gold and oil prices are down.

Mainland Chinese stocks plunge as coronavirus fears grip investors

Mainland Chinese stocks plunge as coronavirus fears grip investors

  The Shanghai composite fell greater than 3% whereas the Shenzhen element dropped past 4%. The Shenzhen composite additionally declined 4.259%. Hong Kong’s Hang Seng index additionally fell 2.21%. Elsewhere, the Nikkei 225 in Japan slipped 0.98% to shut at 23,795.44 whereas the Topix index additionally shed 0.78% to finish its buying and selling day […]

Hong Kong leads losses among major markets following Moody’s downgrade

Hong Kong leads losses among major markets following Moody’s downgrade

  The Hang Seng index within the embattled metropolis fell 2.29% by the afternoon, with shares of life insurer AIA plunging past 3%. The strikes got here following the rankings downgrade from Moody’s on Monday, the place the company additionally modified its outlook for Hong Kong to steady from destructive. The metropolis has been stricken […]