On Wall Street, the S&P 500 has edged lower as losses by healthcare companies overshadowed gains in the technology sector, while investors await US President Trump's meeting with Chinese President Xi Jinping at the G20 summit later this week.
Tuesday, 25th June, 2019
China stocks were up slightly as investors await positive signs of US-China negotiations at the G20 summit later this week. China and the US should make compromises in trade talks, Chinese Vice Commerce Minister Wang Shouwen said on Monday, ahead of the much-anticipated meeting on the sidelines of the summit. The Shanghai Composite Index gained 0.2 percent to 3,008.15, while the blue-chip CSI300 index also rose 0.2 percent to 3,841.27. The Hang Seng index rose 0.1 percent, to 28,513.00 points, while the China Enterprises Index gained 0.3 percent, to 10,952.94 points.
European stock markets declined on Monday, as investors awaited US-China trade talks and weak German economic data dragged. The pan-European STOXX 600 index closed 0.25 percent lower, with most of its major component markets in the red, led by a 0.5 percent dip in Frankfurt's DAX.
On Wall Street, the S&P 500 has edged lower as losses by healthcare companies overshadowed gains in the technology sector, while investors await US President Trump's meeting with Chinese President Xi Jinping at the G20 summit later this week. The Nasdaq slipped but tariff-sensitive industrials, headed up by Boeing, led the blue-chip Dow Jones Industrial Average to a nominal advance.
The Dow Jones Industrial Average rose 8.41 points, or 0.03 percent, to 26,727.54 on Monday, the S&P 500 lost 5.11 points, or 0.17 percent, to 2945.35. The tech-heavy Nasdaq Composite dropped 26.01 points, or 0.32 percent, to 8005.70.
Ahead of the local open SPI futures were 14 points lower at 6,579.
|Foreign Equities||Close||Change||% Change|
|Dow Jones (US)||
|FTSE 100 Index||7417||9||0.12|
|Nikkei 225 (Japan)||21286||27||0.13|
|Oil - West Texas Crude||/t 3mth||57.9||0.5||0.82|
|Currency||Close||Pts Change||% Change|
|$A vs $US||0.6961||0.0020||0.28|
|$A vs GBP||0.5468||0.0024||0.44|
|$A vs EUR||0.6109||0.0011||0.18|
|$A vs YEN||74.77||
|$A vs NZD||1.0518||-0.0001||-0.01|