Stocks

Bloomberg China’s small-cap ChiNext Index rose to a two-month high as investors bet authorities may add more liquidity to the financial system. The ChiNext Index advanced 2.8% at the close in Shenzhen after 0.5% gain. Battery maker Contemporary Amperex Technology Co climbed 5.6% as the biggest boost to the measure. Beijing Kunlun Tech Co was among Chinese video game stocks ...

Bloomberg Nigerian stocks resumed gains on Tuesday as investors sought more attractive options than the negative real yield on the country’s short-term debt. The benchmark stock index climbed 0.4% in Lagos, leaving it on track for its best month since May. The gauge has risen in the past two weeks, snapping seven weeks of declines. Gains in banking stocks have ...

Bloomberg US stocks slipped along with European shares as doubts about a China trade deal weighed on sentiment, highlighting the fragile nature of recent gains as negotiations drag on. The S&P 500 Index retreated from previous record close amid reports that Beijing is pessimistic about the chances of reaching an accord with the US. The Stoxx Europe 600 Index dipped, ...

Bloomberg Knocked off course by a host of negatives, the Philippine stock rally may be set to regain momentum into year-end on improvement in the domestic economy and corporate profits. The Philippine Stock Exchange index (PSEi) has breached the 8,000 mark 13 times this year only to fall back through, hurt by factors including the US-China trade war and the ...

Bloomberg An investor probably would’ve panicked if you told her at the start of 2019 that the trade war wouldn’t go away. Or that earnings would fall flat and that a bid to kick out the president would erupt. Fast forward 11 months and nobody seems to care. Volatility in the equity market is flirting with a two-year low, with ...

Bloomberg The $200 billion cryptocurrency market is far too small for an exchange-traded fund to work, according to Fundstrat Global Advisors LLC’s Tom Lee. Numerous attempts to get approval from the US Securities and Exchange Commission (SEC) for crypto-related ETFs have been stymied, and Lee doesn’t think it’s a bad thing. Big fund launches in the US can have around ...

Bloomberg US equity-index futures retreated with stocks in Europe and Asia on Wednesday as investors digested President Donald Trump’s latest comments on trade as well as ongoing unrest in Hong Kong. Treasuries led a bond rally. Contracts on all three main American gauges pointed to a drop at the open after the S&P 500 closed just shy of a record ...

Bloomberg Just as Spanish stocks were starting to rally towards this year’s highs, a coalition with an anti-austerity political party is dampening the mood once more. The benchmark IBEX 35 Index is down 2.5% since the vote that left the ruling Socialists weaker, forcing them to seek a coalition with an erstwhile foe. Only last week, the measure rose to ...

Bloomberg European stocks and US equity-index futures edged higher on Tuesday and most Asian shares rose amid a lull in trade-war headlines and simmering tension in Hong Kong. Treasuries fluctuated after a long weekend. The Stoxx Europe 600 Index headed for the first gain in three days as most major national benchmarks in the region advanced. Automakers climbed amid reports ...

Bloomberg In a disappointing third-quarter earnings season for Japan Inc, one prominent theme is that moves in the yen have been a particular headache. A total of 438 Tokyo-listed companies have cut their full-year earnings guidance, according to data compiled by Bloomberg. Fifty-six of them announced a change to their currency expectations in addition to their lowered profit forecasts. Prominent ...