European Stocks Poised for Worst Week in Seven as Miners Decline

European equities open little changed, set for the worst weekly decline in almost two months, as mining and auto shares retreated amid concerns about trade and global growth.

The Stoxx Europe 600 Index added less than 0.1 percent, poised for a drop of 1.1 percent this week, the worst since the five days ending June 29. Bayer climbed 1.5 percent after yesterday vowing to step up its defense against a wave of U.S. lawsuits over the herbicide Round.

Bloomberg

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Hong Kong stocks end week with sharp loss

Hong Kong stocks ended Friday with a loss, unable to build on its four-day winning streak, as investors took profits while keeping an eye on developments in the China-US trade row.

The Hang Seng Index slipped 0.84 percent, or 240.68 points, to 28,366.62.

The benchmark Shanghai Composite Index was barely moved, inching up 0.93 points to 2,795.31.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.69 percent, or 10.32 points, to 1,515.96.

Source : AFP

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

China Stocks See Best Week in 1 Month as Techs Lend Support

China stocks edged up on Friday to post their best week in a month, aided by strong gains in shares of technology companies.

The blue-chip CSI300 index ended 0.2 percent higher at 3,405.02 points while the Shanghai Composite Index closed flat at 2,795.31 points. For the week, CSI300 is up 2.7 percent while the SSEC gained 2 percent, both posting their best week since mid-July.

However, both the SSEC and CSI300 are down more than 10 pct since late May Technology shares have rallied after China said it has revamped a national leadership group charged with planning and studying its key technological development strategies, signalling a potential policy boost for home-grown tech firms. The tech-heavy start-up board ChiNextP rallied 2 percent this week, snapping a three-week losing streak.

Source : Reuters

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

1 2 3 118