Global Market Report - February 1

World markets were mixed ahead of crucial US jobs numbers, but China shares gained and the UK's FTSE 100 pushed through 7,000 points

James Gard 1 February, 2019 | 10:54AM

Global Market Report

Asia

China’s Shanghai Composite Index pushed above 2,600 points on the last trading day before Chinese New Year, which keeps the domestic stock market closed for five days next week. The bounce was despite a mixed closed on Wall Street and a weaker-than-expected outturn for the Caixin manufacturing purchasing managers’ index (PMI).

Hong Kong’s Hang Seng slipped slightly on Thursday’s close but it has a been a positive week and month for the tech-biased index.

Europe

The FTSE 100 nudged above 7,000 points this morning, a level its has been attempting to breach all week, but the daily gain is still under 0.5%. The UK index has been supported by the rebound in global equity prices in January, but has failed to break above 7,000 because of the stronger pound.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Amazon.com Inc3,104.00 USD-3.00
Apple Inc381.91 USD-0.46
Chevron Corp85.40 USD0.20
Exxon Mobil Corp42.66 USD0.02
Facebook Inc A239.00 USD-2.48

About Author

James Gard  is content editor for Morningstar.co.uk

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies