Bull dominates the Bear across coverage markets

Must Read

- Advertisement -

Trading activities in most of our coverage market closed positively this week, in the reverse of the trend witnessed last week. Specifically, ten (10) out of the fourteen (14) global stock market indices under our coverage close bullish, despite some worrying developments (such as EU’s filing a lawsuit against the UK for breaking BREXIT agreement; U.S. president contracting COVID-19, and oil prices falling to a four weeks low) in the course of the week.

In advanced markets, the U.S. DJIA, the S&P 500, and the NYSE Composite indices all gained 2.13%, 1.89%, and 1.52% w/w respectively, while the German DAX, the UK FTSE 100, and France CAC 40 all gained 1.76%, 1.02%, and 2.01% w/w respectively.

However, Japan Nikkei 225 lost 0.25% w/w amid depressed economic activities which had caused Japan’s GDP to contract in four of the last five quarters.

In emerging markets, Bullish sentiment prevailed in India, South Africa, Egypt, and Argentina this week, while China’s Shanghai Composite Index, Hong Kong HANG-SENG, and Brazil BOVESPA closed for the week in the red.

GTI RESEARCH

- Advertisement -
spot_imgspot_img

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Read Also:  Life After Brexit – Britons Predict More Expensive Food Prices And Falling EU Migration

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Euro 2020 Match Suspended As Christian Eriksen Collapses-Brand Spur Nigeria

Euro 2020 Match Suspended As Christian Eriksen Collapses

UEFA has postponed the game between Denmark and Finland at an ongoing European Championship (Euro 2020). The decision was taken after Danish midfielder, Christian Eriksen,...
- Advertisement -
spot_imgspot_img

Latest News

Euro 2020 Match Suspended As Christian Eriksen Collapses

UEFA has postponed the game between Denmark and Finland at an ongoing European Championship (Euro 2020). The decision was taken...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img