yatheendradas c.k.
View Profile

MARKET OUTLOOK

Yatheendradas C.k. at 10:55 PM - Jan 03, 2019 ( ) Views: 594

1

"APPLE" EFFECTS ON GLOBAL STOCKS

Apple drops iPhone bombshell on already reeling  global stock markets. Apple's revenue for the October-December quarter will fall well below the company's earlier projections and those of analysts, whose estimates sway the stock market.

Asian markets mostly down on Thursday as Apple’s warning weighs on tech stocks. Apple blamed a variety of factors for the lowered guidance, including a weakening economy in China and lower-than-expected iPhone revenue.

European chip stocks tumbled on Thursday after Apple cut its first-quarter revenue guidanc.

U.S. stocks fell sharply on Thursday following a dire quarterly warning from Apple and the release of weaker-than-expected manufacturing data. The iPhone maker blamed a slowing Chinese economy for the shortfall, intensifying fears that the global economy may be slowing down.

22:54  IST


From: yatheendradas c.k. at 05:51 AM - Jan 04, 2019( )


Apple’s first sales warning in nearly 12 years sent European shares sliding on Thursday, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply.  All European markets were struggling on Thursday, with the Stoxx Europe 600 dropping 0.98% to 332.92. France’s CAC 40  fell 1.66% at 4611.47 and Germany’s DAX 3 lost 1.55% at 10,416.66. In the U.K., the FTSE 100 index  was down by 062% at 6,692.66.

05:50  IST


From: yatheendradas c.k. at 06:06 AM - Jan 04, 2019( )


U.S. stocks tumbled Thursday, as weak economic data and a rare sales warning from Apple sparked fresh worries among investors about a global slowdown. A confluence of factors from the Federal Reserve’s monetary policy to renewed U.S.-China trade tensions have weighed down financial markets in recent weeks. Adding to investo rs’ fears, manufacturing data around the world have pointed to slowing momentum. The Dow Jones Industrial Average dropped 660.02 points, or 2.83%, to 22,686.22. The S&P 500pulled back 62.14 points 2.48% to 2,447.89 as the tech sector fell 5.07 percent. The Nasdaq Composite tumbled 201.43 points  3.04% to 6,463.50.

06:05 IST 


From: yatheendradas c.k. at 06:20 AM - Jan 04, 2019( )


Oil prices climbed on Thursday in a session of volatile trade, pressured by concerns that slowing global economic growth could dent demand but drawing support from signs that Saudi Arabia is cutting crude output. West Texas Intermediate crude for February delivery added 55 cents, or 1.18%, to settle at $47.09 a barrel on the New York Mercantile Exchange. The global benchmark, March Brent crude  added $1.04, or 1.89%, to $55.95 a barrel on ICE Futures Europe

06:20 IST


From: yatheendradas c.k. at 08:32 AM - Jan 04, 2019( )



Asian markets are mixed today as Chinese and Hong Kong shares show gains. Shares in Australia, Japan and South Korea all slipped in morning trade, with the Nikkei 225 in Tokyo dropping more than 3 percent. The Shanghai Composite is up 0.72% while the Hang Seng is up 0.89%. The Nikkei 225 is down 3.03%. Kospi reversed the trend and is trading marginally high at 0.08%. The ASX 200 is also down trading at 0.80%.

08:30 IST


From: yatheendradas c.k. at 08:41 AM - Jan 04, 2019( )


SGX Nifty in Singapore is trading 17.00 points or 0.16% up at 10,737.00
 
08:40  IST

From: yatheendradas c.k. at 08:53 AM - Jan 04, 2019( )


Our Markets are likely to open flat with a positive bias today tracking muted trend seen in other Asian markets. Further, trends on SGX Nifty indicate a flat/positive  opening for the indexes.   Nifty futures in Singapore Exchange are trading around 10,749.50  with a gain of 29.00 points or 0.28%

08:53 IST


From: yatheendradas c.k. at 03:26 PM - Jan 04, 2019( )


Asian markets finished mixed The Hang Seng gained 2.24% and the Shanghai Composite rose 2.05%. The Nikkei 225 lost 2.26%. The Kospi is up 0.83%. TheASX 200 is down 0.25%.

15:25 IST


From: yatheendradas c.k. at 03:29 PM - Jan 04, 2019( )


European markets are trading sharply higher today. Te STOXX 600 is 1.33% up. The DAX is up 1.72% while France's CAC 40 is up 1.36% and London's FTSE 100 is up 1.20%.


15:29  IST


(1 to 3 out of 3) - Latest Replies on Top | First | << Previous | Next >> | Last |
Yatheendradas C.k. at 01:30 PM - Jan 05, 2019 ( )

Negative news will normally cause individuals to sell stocks, will translate to selling pressure and a decrease in stock price. or a positive news will normally cause individuals buy stocks  translate into buying pressure and an increase in stock price. I am afaraid, U.S markets are more  sensitive and impulsive to the news as the memories are short !!!! Unfornunatly, as you dobuted U.S. influence the Global Markets. Eg. Many markets were not effcted with Apple contraversy but repercucssions were felt in the markets all over the world. The so called developed nations have a hidden agenda to control markets of developing/third world countries.

 

Rakesh Padhi at 09:45 AM - Jan 05, 2019 ( )

US market does not move with any fundamentals. US market need a news everynight. For them yesterday economy was bad and today economy imporvide just because job report and some one from FED gave a statement. Not sure what on card next but we idiot indian follow there news based move is very disappointing. Is US market/new driving global market !!

Rakesh Padhi at 09:45 AM - Jan 05, 2019 ( )

US market does not move with any fundamentals. US market need a news everynight. For them yesterday economy was bad and today economy imporvide just because job report and some one from FED gave a statement. Not sure what on card next but we idiot indian follow there news based move is very disappointing. Is US market/new driving global market !!

1 to 3 out of 3

Login to participate in discussion.



Top Gainers

SKIPPER LIMITED 46.55 6.20 (15.37%)
PRAJAY ENG. SYN. LTD. 6.95 0.90 (14.88%)
R. S. SOFTWARE (INDIA) LI 19.75 2.55 (14.83%)
NAVKAR CORPORATION LTD. 25.90 3.25 (14.35%)
VIP CLOTHING LIMITED 13.15 1.55 (13.36%)
STERLITE TECHNOLOGIES LTD 118.00 13.80 (13.24%)
HINDUSTAN MOTORS LIMITED 5.70 0.65 (12.87%)
NETWORK18 MEDIA & INV LTD 20.45 2.15 (11.75%)
CEREBRA INT TECH LTD 25.00 2.60 (11.61%)
PRIME SECURITIES LIMITED 34.50 3.55 (11.47%)



Top Losers

SASTASUNDAR VENTURES LTD 87.10 -13.85 (-13.72%)
SHAH ALLOYS LIMITED 7.55 -1.10 (-12.72%)
APOLLO SINDOORI HOTEL LTD 718.50 -83.75 (-10.44%)
GUJARAT FLUOROCHEMICALS L 49.15 -5.45 (-9.98%)
HOUSING DEV & INFRA LTD 6.35 -0.70 (-9.93%)
CG POWER AND IND SOL LTD 9.65 -1.05 (-9.81%)
SAKTHI SUGARS LTD 7.00 -0.75 (-9.68%)
TARMAT LIMITED 21.75 -2.30 (-9.56%)
PRABHAT DAIRY LIMITED 50.95 -5.15 (-9.18%)
ORBIT EXPORTS LIMITED 99.30 -9.75 (-8.94%)