Market Update: Dow Jones Ended in Green. What Global Investors Should Know?

September 11, 2019 09:39 PM AEST | By Team Kalkine Media
 Market Update: Dow Jones Ended in Green. What Global Investors Should Know?

As the market players are aware, trade battle between the US and China could negatively impact the sentiments of global market players, owing to which they might decide to sell their equity holdings and disrupt the broader momentum of stock markets. If the trade battle ends on a permanent basis, it could positively impact the stock markets, with investors making deployments towards equities. Needless to say, the war can also weigh over the core business activities of companies that have global operations, and this can impact their key financial metrics.

It is advisable to global investors to track the US Federal Reserve meeting, as it could provide them with insights related to the global economy. Generally, the meeting provides information related to macro-economic conditions. Notably, the meeting would take place on September 17-Setpember 18, 2019. Apart from equity markets, investors should also keep a close watch on bond markets. Talking about the performance on September 10, 2019, Dow Jones Industrial Average ended the day's session in green, as it posted a rise of 73.92 points or 0.28% to end at 26,909.43. Also, on the same day, S&P 500 Index increased by 0.96 points or 0.032% on an intraday basis.

Oil Prices Might Get Affected If Trade War Does Not End

Any kind of escalation in the trade war between the US and China is detrimental to the health of global economy and, as a result, it questions the demand for oil. If the oil demand gets affected, prices can also be influenced. However, these prices are also sensitive to the movement of broader equity markets.

Australian Markets Ended in Green: S&P/ASX200 Rises By 0.4% on Intraday Basis

The performance of global stock markets can affect the performance of the equity markets in Australia.. In the event of global economic slowdown, Australian markets are also negatively impacted. If the trade battle settles down, the economy of Australia might be positively impacted. Let us now have a look at the performance on September 11, 2019:

  • S&P/ASX200 witnessed an increase of 23.9 points or 0.4% to end the day’s session at 6638.
  • All Ordinaries increased by 0.4% or 24.2 points to settle at 6752.2.

We will now be looking at the performance of individual stocks. On September 11, 2019, New Hope Corporation Limited (ASX: NHC) witnessed an increase of 8.547% to end the session at A$2.540 per share, while Unibail-Rodamco-Westfield (ASX: URW) increased by 6.868% to end at A$10.270 per share. On the other hand, Pro Medicus Limited (ASX: PME) and Charter Hall Group (ASX: CHC) closed the session in red, as their stock prices fell by 8.308% and 5.654%, respectively.

Recently, we have provided some important information about Volt Resources Limited (ASX: VRC). We have covered information related to funding updates and we recommend investors to have a look at the same. In order to view, please click here.

NHC Daily Technical Chart (Source: Thomson Reuters)
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