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

  • Sep 11, 2019 AEST
  • Team Kalkine
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)
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.

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK