|Bid||83.56 x 0|
|Ask||83.88 x 0|
|Day's Range||83.63 - 84.36|
|52 Week Range||69.96 - 84.51|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.06|
|Expense Ratio (net)||0.48%|
After yesterday’s big fall, the Hang Seng Index rose marginally today. The index gained 0.13% to end at 28,222. The index opened considerably lower than yesterday’s close but gained in early trading. Afterward, the index remained within a narrow range to end the day on a slightly positive note.
After falling on Friday, the Hang Seng Index started the week of the G20 meeting on a positive note. The index gained 0.14% today. Last week, the index gained 5%, and Friday was the only day it posted losses during the week.
Hong Kong’s Hang Seng Index, which has been under severe pressure this quarter, was the best performing Asian index on June 19 with 2.56% gains. The index recorded its third consecutive gain.
Trade War Subdues Manufacturing PMIs around the WorldManufacturing PMIToday, IHS Markit published its purchasing managers’ indexes or PMIs for May countries around the world. Australia saw the composite PMI rise to 52.2 in May from 50 in April.
IMF Getting Nervous On Economy: Don’t Make Any Sudden Movements The IMF is getting quite wary of the prospects for continued economic growth, and has therefore issued a warning against governments around the world not to engage in petty trade wars, and instead recommended that governments take the economic version of the Hippocratic Oath to […]The post Market Morning: IMF Shivers, Google Delivers, Japan Freezes, Boeing Pleases, Sort Of appeared first on Market Exclusive.
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)Central banks As we discussed previously, central banks in developed economies like the US (SPY), Europe (VGK) (VEU), and Japan (EWJ) have adopted a dovish approach. While
National Debt Tops $22 Trillion, Rises $1 Trillion In Less Than a Year All is well with America’s finances, say all the politicians who want to spend a lot of money on programs, especially the Green New Deal, which seeks to outlaw air travel, replace it with high speed rails all across the country, subsidize […]The post Market Morning: Debt Tops $22T, Chevron Stays Put, J&J Gets Esketamine Nod, Trump Upset Again appeared first on Market Exclusive.
May Rejects Corbyn Compromise On Brexit As the week begins, a potential Brexit deal breaks down again. Labor leader Jeremy Corbyn had proposed to support British Prime Minister Theresa May’s soft Brexit plan on the condition that it included a customs union with the European Union, which is essentially what the European Union is anyway, […]The post Market Morning: Brexit Compromise Rejected, US Warships Challenge China, Shutdown Redux appeared first on Market Exclusive.
Will Netflix's Success Continue in 2019?(Continued from Prior Part)Netflix continues to add new subscribers in the United StatesNetflix (NFLX) added 1.5 million paid members in the United States in the fourth quarter of 2018. The company ended the
Will Netflix's Success Continue in 2019?(Continued from Prior Part)Netflix’s free cash flows continue to be negativeNetflix’s (NFLX) negative trend for its free cash flows continued in the fourth quarter. The company posted free cash flows (or
Liquidity in Bond Markets Crimped As Treasury Auctions Crowd Out Corporates Treasury Secretary Steve Mnuchin’s impromptu calls to bank CEOs on Christmas Eve aiming to assuage investors by inadvertently causing panic, may have missed the mark. The real liquidity crunch appears to be not in banks, but in the corporate bond market, funding for which […] The post Market Morning: Corporate Bond Stress, Gold Swoons, Goldman Balks, Trump Says Buy appeared first on Market Exclusive.
Ericsson (ERIC) claims that the global 5G market is experiencing strong momentum. According to Ericsson’s Mobility Report, “In the United States, one of the major communications service providers launched a 5G home internet service at the beginning of October, and all four of the country’s major service providers have publicly announced that they will begin providing 5G services between late 2018 and mid-2019.”
What Can We Expect from Apple in Q4 2018? Apple’s (AAPL) Services segment is an important revenue driver for the company. Emerging markets (EEM) such as China (FXI) and international markets such as Japan (EWJ) have contributed significantly to Apple’s Services segment in terms of revenue growth over the years.
Pot Stocks Get Smoked, Crash Nearly 10% The legal cannabis sector just got smoked, or blazed, but not in a good way. Pot stocks cratered the most in record for a single day, with the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) plummeting 9.5% on volume close to 3x average. On top of it being the worst […] The post Market Morning: Pot Stocks Get Smoked, Bayer Breathing Room, More Tax Cuts, appeared first on Market Exclusive.
So far in this series, we’ve noted that BlackBerry (BB) reported sales of $214.0 million in its second quarter of fiscal 2019. Its GAAP revenues totaled $210.0 million. BlackBerry’s major business segments are Enterprise Software & Services, BlackBerry Technology Solutions (or BTS), and Licensing, IP and Other.