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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

European Stocks Slip After Record Run; Gold Holds Firm Above US$4,000

European markets opened lower Thursday as investors locked in profits from recent record highs and weighed growing geopolitical risks, while  gold prices held steady above US$4,000  amid continued safe-haven demand. Market Overview STOXX 600 : -0.3% at 0903 GMT FTSE 100 : -0.3%, dragged by  HSBC  and  Lloyds , offset by mining and tech gains MSCI World Index : Flat Investor sentiment turned cautious after Wall Street and Asian markets hit record highs on AI optimism. The ongoing  U.S. government shutdown , political uncertainty in  France  and  Japan , and warnings from global bankers added to the risk-off tone. “The mood is fragile — we’re not getting much substance to market moves because U.S. data is missing,” said Fiona Cincotta, senior analyst at City Index. Gold and Currencies Gold : Steady at  US$4,041.29/oz , supported by safe-haven flows and a weaker dollar. Dollar Index : +0.1% at  99.97 , still down nearly 9% YTD. Euro : ...

Asian Markets Slip While European Futures Climb: Markets Wrap

Asian stocks have taken a breather from a recent tech rally after President Trump’s executive order restricted Chinese spending in key U.S. sectors, while European futures, notably in Germany, are gaining ground amid positive political developments. Key Market Performances Winners: European Equity Futures: Germany’s benchmark index futures have risen following a strong performance by the conservative party in the federal election. Euro: The euro strengthened, reflecting improved sentiment in Europe. Strugglers: Asian Technology Stocks: Shares in mainland China and Hong Kong reversed sharply, with significant declines seen in giants like Alibaba Group and Tencent Holdings. Asian Equity Futures: Equity index futures for markets such as Australia and Hong Kong have fallen, offsetting a recent four-month high. Growth Drivers and Challenges Regulatory Pressure: President Trump’s directive for the Committee on Foreign Investment in the United States to restrict Chinese spending on technology...