Oil rallies while equities remain weak
Heading into the close, the FTSE 100 is down 80 points, as markets continue to fret about growth and trade wars.
Heading into the close, the FTSE 100 is down 80 points, as markets continue to fret about growth and trade wars.
UK. corporate defined benefit pension funds continued to divest from equities in favor of bonds, show data in the Pensions Universe Risk Profile — known as “The Purple Book.”
SK hynix will have to deal with the semiconductor industry’s faster-than-expected decline, said HI Investment and Securities on Dec. 5 while maintaining a “hold” recommendation and 70,000 won (US$62.98) target price.
Among the S&P 500’s biggest fallers on Tuesday December 04 was Albemarle Corporation (ALB). The stock experienced a 5.35% decline to $93.19 with 2.42 million shares changing hands.
Among the S&P 500’s biggest fallers on Tuesday December 04 was Allstate Corporation (The) (ALL). The stock experienced a 2.66% decline to $86.40 with 2.7 million shares changing hands.
LG Innotek’s earnings from the fourth quarter will decline as its major client Apple faces slower-than-expected sales, said Hana Financial Investment on Dec. 4 lowering the target price to 150,000 won (US$134.89) from 140,000 won.
Among the biggest risers on the S&P 500 on Monday December 03 was Apache Corporation ($APA), popping some 3.87% to a price of $36.49 a share with some 3.66 million shares trading hands.
Among the biggest risers on the S&P 500 on Monday December 03 was Air Products and Chemicals Inc. ($APD), popping some 3.57% to a price of $166.62 a share with some 1.82 million shares trading hands.
Among the biggest risers on the S&P 500 on Monday December 03 was The Boeing Company ($BA), popping some 3.81% to a price of $359.96 a share with some 6.53 million shares trading hands.
As of the end of August, the US represented 40% of the world’s equity while China and Hong Kong represent 7.5% and 6.5%, respectively. Being the largest and most liquid equity market in the world, the US offers a variety of investment opportunities in many different sectors. In addition to having the opportunity to invest in famous American companies like Google, Apple or Amazon, Hong Kong investors can now also easily invest in famous Chinese companies like Alibaba, Baidu, and Weibo. Hundreds of Chinese companies are listed in the U.S. markets and many more are expected to continue seeking a US public listing in the future. Particularly, Chinese life sciences, e-commerce, and education companies looking to expand globally see the US equity market as an opportunity to leverage their brands.