Goldman Sachs raise China equity index target, ‘reopening’ evolves into ‘growth recovery’
Goldman Sachs target China’s CSI300 to 4800 had previously set their target at 4500 GS says China is evolving from “reopening” to a wider “growth recovery” theme — UBS also, says “we continue to hold a positive view on the China market”, citing: herd immunity occurring faster than expected undemanding valuations policy support likely to […]
US equity futures slide ahead of the open. Intel plunges
I expect worries about the Federal Reserve to start to weigh on sentiment in the run up to the FOMC and we might be seeing the start of that now. S&P 500 futures are down 16 points, or 0.4%. Shares of Intel are the big loser, down 9.4% on poor earnings and guidance. On the […]
European equity close: Another week of gains but the momentum slows
On the day: Stoxx 600 +0.2% German Dax flat France’s CAC -0.1% UK’s FTSE 100 flat Spain’s Ibex +0.2% Italy’s FTSE MIB +0.8% On the week: Stoxx 600 +0.6% German Dax +0.7% France’s CAC +1.3% UK’s FTSE 100 -0.2% Spain’s Ibex +1.5% Italy’s FTSE MIB +2.5% It’s been an incredible run to start the year […]
European equity close: Gave some back but still ended with gains
> European equity close: Gave some back but still ended with gains Closing changes in Europe Adam Button Thursday, 26/01/2023 | 16:41 GMT-0 26/01/2023 | 16:41 GMT-0 Stoxx 600 +0.4% German Dax +0.3% France’s CAC +0.8% UK’s FTSE 100 +0.2% Spain’s Ibex +0.9% Italy’s FTSE MIB +1.1% Stoxx 600 daily ADVERTISEMENT – CONTINUE READING BELOW […]
European equity close: The new week starts with a gain
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European equity close: Another day of gains, why not?
What a start to the year for European stock markets. Closing changes on the day: Stoxx 600 +0.5% German Dax +0.2% France’s CAC +0.7% UK’s FTSE 100 +0.7% Spain’s Ibex +0.6% Italy’s FTSE MIB +0.2% On the week: Stoxx 600 +1.9% German Dax +3.4% France’s CAC +2.4% UK’s FTSE 100 +1.9% Spain’s Ibex +2.1% Italy’s […]
European equity close: Another strong day for stocks
<p>The great start to the year in Europe continues. It was the most-hated spot in the world coming into the year and a dose of good weather has really turned the tide.</p><ul><li>Stoxx 600 +0.4%</li><li>German Dax +1.1%</li><li>France's CAC +0.8%</li><li>UK's FTSE 100 +0.5%</li><li>Spain's Ibex +0.2%</li><li>Italy's FTSE MIB +0.5%</li></ul><p>The DAX chart right now is hard to dislike.</p> This […]