The Investor Sentiment - Equity and investments forum for Sri Lankans

Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
When Will It Be Safe To Invest In The Stock Market Again?Wed Apr 19, 2023 6:41 amකිත්සිරි ද සිල්වා
Dividend AnnouncementsWed Apr 12, 2023 5:41 pmකිත්සිරි ද සිල්වා
MAINTENANCE NOTICE / නඩත්තු දැනුම්දීමThu Apr 06, 2023 3:18 pmකිත්සිරි ද සිල්වා
SEYB.N0000 (Seylan Bank PLC)Thu Mar 30, 2023 9:25 amyellow knife
The Korean Way !Wed Mar 29, 2023 7:09 amකිත්සිරි ද සිල්වා
In the Meantime Within Our Shores! Mon Mar 27, 2023 5:51 pmකිත්සිරි ද සිල්වා
What is Known as Dementia?Fri Mar 24, 2023 10:09 amකිත්සිරි ද සිල්වා
SRI LANKA TELECOM PLC (SLTL.N0000)Mon Mar 20, 2023 5:18 pmකිත්සිරි ද සිල්වා
THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)Mon Mar 20, 2023 5:10 pmකිත්සිරි ද සිල්වා
Equinox ( වසන්ත විෂුවය ) !Mon Mar 20, 2023 4:28 pmකිත්සිරි ද සිල්වා
COMB.N0000 (Commercial Bank of Ceylon PLC)Sun Mar 19, 2023 4:11 pmකිත්සිරි ද සිල්වා
REXP.N0000 (Richard Pieris Exports PLC)Sun Mar 19, 2023 4:02 pmකිත්සිරි ද සිල්වා
RICH.N0000 (Richard Pieris and Company PLC)Sun Mar 19, 2023 3:53 pmකිත්සිරි ද සිල්වා
Do You Have Computer Vision Syndrome?Sat Mar 18, 2023 7:36 amකිත්සිරි ද සිල්වා
LAXAPANA BATTERIES PLC (LITE.N0000)Thu Mar 16, 2023 11:23 amකිත්සිරි ද සිල්වා
What a Bank Run ?Wed Mar 15, 2023 5:33 pmකිත්සිරි ද සිල්වා
104 Technical trading experiments by HUNTERWed Mar 15, 2023 4:27 pmkatesmith1304
GLAS.N0000 (Piramal Glass Ceylon PLC)Wed Mar 15, 2023 7:45 amකිත්සිරි ද සිල්වා
Cboe Volatility Index Tue Mar 14, 2023 5:32 pmකිත්සිරි ද සිල්වා
AHPL.N0000Sun Mar 12, 2023 4:46 pmකිත්සිරි ද සිල්වා
TJL.N0000 (Tee Jey Lanka PLC.)Sun Mar 12, 2023 4:43 pmකිත්සිරි ද සිල්වා
CTBL.N0000 ( CEYLON TEA BROKERS PLC)Sun Mar 12, 2023 4:41 pmකිත්සිරි ද සිල්වා
COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))Fri Mar 10, 2023 4:43 pmyellow knife
Bitcoin and Cryptocurrency Fri Mar 10, 2023 1:47 pmකිත්සිරි ද සිල්වා
CSD.N0000 (Seylan Developments PLC)Fri Mar 10, 2023 10:38 amyellow knife
PLC.N0000 (People's Leasing and Finance PLC) Thu Mar 09, 2023 8:02 amකිත්සිරි ද සිල්වා
Bakery Products ?Wed Mar 08, 2023 5:30 pmකිත්සිරි ද සිල්වා
NTB.N0000 (Nations Trust Bank PLC)Sun Mar 05, 2023 7:24 amකිත්සිරි ද සිල්වා
Going South Sat Mar 04, 2023 10:47 amකිත්සිරි ද සිල්වා
When Seagulls Follow the TrawlerThu Mar 02, 2023 10:22 amකිත්සිරි ද සිල්වා
Re-activatingSat Feb 25, 2023 5:12 pmකිත්සිරි ද සිල්වා
SAMP.N0000 (Sampath Bank PLC)Wed Nov 30, 2022 8:24 amකිත්සිරි ද සිල්වා
APLA.N0000 (ACL Plastics PLC)Fri Nov 18, 2022 7:49 amකිත්සිරි ද සිල්වා
AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.Wed Nov 16, 2022 9:28 pmකිත්සිරි ද සිල්වා
Banks, Finance & Insurance Sector ChartTue Nov 15, 2022 5:26 pmකිත්සිරි ද සිල්වා
VPEL.N0000 (Vallibel Power Erathna PLC)Sun Nov 13, 2022 12:15 pmකිත්සිරි ද සිල්වා
DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.Mon Nov 07, 2022 6:36 pmකිත්සිරි ද සිල්වා
WATA - WatawalaSat Nov 05, 2022 8:44 amකිත්සිරි ද සිල්වා
KFP.N0000(Keels Food Products PLC)Sat Nov 05, 2022 8:42 amකිත්සිරි ද සිල්වා
Capital Trust Broker in difficulty?Fri Oct 21, 2022 5:25 pmකිත්සිරි ද සිල්වා
IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?Thu Oct 20, 2022 10:13 amකිත්සිරි ද සිල්වා
What Industry Would You Choose to Focus?Tue Oct 11, 2022 6:39 pmකිත්සිරි ද සිල්වා
Should I Stick Around, or Should I Follow Others' Lead?Tue Oct 11, 2022 9:07 amකිත්සිරි ද සිල්වා
DV-2024 Program: Online RegistrationThu Oct 06, 2022 11:26 amකිත්සිරි ද සිල්වා
Tile - SnapshotWed Sep 28, 2022 12:45 pmකිත්සිරි ද සිල්වා
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
The Invisible
The Invisible
Posts : 3116
Join date : 2016-11-28
Age : 44

Global stocks mixed as oil gains amid scrutiny of Saudi Arabia Empty Global stocks mixed as oil gains amid scrutiny of Saudi Arabia

Tue Oct 16, 2018 7:24 am
AFP - Global stocks were mixed Monday as markets sought to pivot from last week's volatility and oil prices rose amid questions over Saudi Arabia's role in the disappearance of journalist Jamal Khashoggi.

US equities had a choppy session as analysts debated whether the market was ready to turn the page after leading indices dropped the most since March.

The S&P 500 ended down 0.6 percent.

"US stocks oscillated around the S&P 500's flat line on Monday before whipping noticeably lower in the final hour of trading," said Briefing.com.

Weakness in technology and financial shares, "coupled with ongoing concerns about the global economic growth outlook kept follow-through buying interest from Friday's rally in check," Briefing.com added.

US data showed retail sales in September inched higher by 0.1 percent, well below the 0.6 percent gain projected by analysts, although there was some good news in the details.

IHS Markit trimmed its forecast for the US holiday shopping season to 4.7 percent growth from the prior 5.0 percent projection, citing higher gasoline prices and the drag on discretionary spending following the pullback in the stock market.

Earlier, Frankfurt and London finished solidly higher, while Paris was essentially flat.

- Asian stocks battered -

In Asia, Japanese equities led the way lower, with the benchmark Nikkei 225 shedding almost two percent, in anticipation of an announcement from Prime Minister Shinzo Abe of a two percentage-point hike in the sales tax.

Japanese stocks faced pressure also after US Treasury Secretary Steven Mnuchin said over the weekend that Washington wants to include a provision to prevent currency manipulation in future trade deals with Tokyo.

Chinese stocks, which were the worst hit in last week's global rout, also tracked lower, with the benchmark Shanghai composite off 1.5 percent.

"We can't say the shock is over," said Masayuki Kubota, chief strategist at Rakuten Securities.

Last week saw a broad-based sell-off in global equities that was prompted by fears of higher US interest rates, continued worries over US-China trade and attacks by President Donald Trump on the Federal Reserve, which he called "crazy."

Oil prices continued to climb as traders fretted over US relations with its ally and the world's top oil producer Saudi Arabia.

Saudi Arabia remained under scrutiny after the disappearance of journalist Khashoggi, a Saudi national and US resident who became increasingly critical of powerful Crown Prince Mohammed bin Salman.

Assertions by Turkish officials that Khashoggi was killed led to a wave of cancelations among big companies who had been scheduled to appear at a business conference in Riyadh next week.

Trump on Monday suggested that "rogue killers" could be to blame for the disappearance of Khashoggi and said that the oil-rich state's monarch emphatically denied involvement.

Geopolitical tensions surrounding Saudi Arabia also battered shares in Japanese conglomerate Softbank, which has close financial ties to the Kingdom.

Softbank stock plunged more than seven percent in Tokyo, as Riyadh is heavily involved in the firm's massive technology investment fund.

- Key figures around 2100 GMT -

New York - Dow Jones: DOWN 0.4 percent at 25,250.55 (close)

New York - S&P 500: DOWN 0.6 percent at 2,750.79 (close)

New York - Nasdaq: DOWN 0.9 percent at 7,430.74 (close)

London - FTSE 100: UP 0.5 percent at 7,029.22 (close)

Paris - CAC 40: DOWN less than 0.1 percent at 5,095.07 (close)

Frankfurt - DAX 30: UP 0.8 percent at 11,614.16 (close)

EURO STOXX 50: UP 0.5 percent at 3,210.37 (close)

Tokyo - Nikkei 225: DOWN 1.9 percent at 22,271.30 (close)

Hong Kong - Hang Seng: DOWN 1.4 percent at 25,445.06 (close)

Shanghai - Composite: DOWN 1.5 percent at 2,568.10 (close)

Euro/dollar: UP at $1.1580 from $1.1560 at 2100 GMT Friday

Pound/dollar: FLAT at $1.3153

Dollar/yen: DOWN at 111.77 from 112.21 yen

Oil - Brent Crude: UP 35 cents at $80.78 per barrel

Oil - West Texas Intermediate: UP 44 cents at $71.78 per barrel
Back to top
Permissions in this forum:
You cannot reply to topics in this forum