Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 3416 Registered: 05-2011
Rating: N/A Votes: 0 | Posted on Monday, March 08, 2021 - 7:36 am: | |
Monday - World Market Status World markets - MIXED to kick off to the new week. 1. The global equity markets are mixed in early trade. S&P Futures have seen a steady grind lower. 2. In Asia, the major markets saw declines across the board. 3. In China, the Shanghai lost over 2% despite seeing February export data rising 60.6%. This represented the highest surge in over 20 years. 4. In Japan, the Nikkei lost 0.4% of ground. Heavyweights paced the way lower with Softbank and Fast Retailing dropping around 2%. 5. In Europe, the major bourses are trading counter to that of the US and Asia. Travel-related stocks are leading a rebound with names such as Lufthansa and Carnival rising over 3%. Pearson is also trading 3% higher after reporting a small bottom-line beat and in-line guidance. |