Market Update :Dow Jones Ends In Green On Friday. Investors Eyeing Trade Talks

Market Update :Dow Jones Ends in Green on Friday. Investors Eyeing Trade Talks

As the market players are aware, the global markets are sensitive to macro-economic variables and the broader environment prevailing globally. Therefore, any global disturbances have the potential to negatively impact the equity markets as the investors liquidate their equity holdings and they decide to invest towards safer instruments. Not so long ago, there were increased fears about the global economic slowdown and these type of disturbances, generally, disrupt the broader environment of the equity markets. Also, the markets are influenced by news related to the trade war between the US and China and any positive news from that front might help the broader equity markets.

The permanent settlement might also reduce the fears of the global economic slowdown which could also boost the sentiments of market players and they might start making deployments in the equity markets. As a result, the equity markets might witness a positive momentum. On Friday (i.e. March 29, 2019), Dow Jones Industrial Average got closed at 25,928.68 which reflects the rise of 211.22 points or 0.82% on an intra-day basis. Also, S&P 500 Index wrapped up the session on Friday at 2,834.40 which implies an increase of 18.96 points or 0.67%.

Oil Prices Would be Influenced by Macro Factors

The oil prices are, generally, influenced by factors affecting the global economic growth and the macro-economic variables. The overall health of global economy tends to influence the oil prices and the unfavourable momentum in the global environment can hamper the momentum of oil prices. However, the settlement of trade fight between the US and China can help the oil prices as the permanent end to battle might reduce worries about a global economic slowdown. If the worries about oil demand reduce, it might help the prices.

Australian Markets Ended the Session in Green

Today (i.e. April 1, 2019), the Australian markets closed the session in green as S&P/ASX200 Index got closed at 6,217 which implies the rise of 36.3 points or 0.6% on an intraday basis. The health of the global economy and the news about trade battle are the primary factors which might influence the momentum of Australian equity markets. Coming to the performance of stocks, Eclipx Group Limited (ASX: ECX) and Afterpay Touch Group Limited (ASX: APT) have wrapped up the session in green as their prices witnessed the rise of 16.406% and 6.874%, respectively.

On the other hand, the stocks like Pilbara Minerals Limited (ASX: PLS) and Syrah Resources Limited (ASX: SYR) have closed the session in red as their prices have closed the day by falling 6.329% and 5.607%, respectively on an intraday basis. Talking about some of the important news, Transurban Group (ASX: TCL) had come forward and made an announcement about the change in holdings of its CEO (or Chief Executive Officer). In order to read the full news, please click here. Also, Metminco Limited (ASX: MNC) wrapped up the issue of convertible notes in order to support Andes merger. In order to read the full news, please click here.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

Top 25 Dividend Stocks report for April

People prefer a dividend stock in their portfolio as it possesses the feature of compounding. Compounding means that the earning which is generated through these dividend stock will get reinvested and will eventually create earnings from earning. More precisely, the dividend generated from these dividend stock will get reinvested to buy another set of a share of the dividend stock which results in giving a higher dividend.

Click here to download your top 25 dividend stocks report!

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report