Ideas for trading US stocks on July 26-30
This week Apple, Microsoft, Google, Facebook, Pfizer, and other large US companies will deliver earnings reports…
China’s stock market concludes down
On Tuesday, the Chinese stock market concluded down on the backdrop of negative dynamics from the software as well as computer services, tourism and leisure, not to mention telecommunications sectors.
At the close on the Shanghai Stock Exchange, the Shanghai Composite decreased by 1.39%, reaching a 6-month minimum, the SZSE Component index slumped by 2.13%.
The leaders of growth among the components of the Shanghai Composite Index were represented by shares of Hna Innovation Hainan Co Ltd A soaring by 10.08%. As for equities of Great-Sun Foods Co Ltd, they headed south by 9.99% coming up with 32,590. Additionally, Shanghai LongYun Advertising & Media Co Ltd rallied by 9.99% concluding at 61.97.
Leaders of the dive were the shares of Keda Group Co Ltd, which declined by 10.04%, concluding the session at about 9,950. Shares of Shanghai Zhongji Investment Holding Co soared by 10.04% closing at 8.87. Shanghai Feilo Acoustics Co Ltd inched down by 10.00% and completed the session at the level of 6.39.
Shares of Xian International Medical Investment Co Ltd gained by 10.02% hitting 5.38. Sichuan Haite High-tech Co Ltd rallied 9.98% ending up with 10.69, while GuangDong Huasheng Electrical Appliances Co Ltd headed north 5.50% reaching 16.87.
On the Shanghai Stock Exchange, the number of depreciated securities (1174) managed to surpass the number of closed in the black (178), while quotes 16 shares were intact.
Equities of Shanghai Zhongji Investment Holding Co Ltd dived to a 3-year minimum concluding the trading session at 8.87. Shares of Shanghai Feilo Acoustics Co Ltd went down to a 3-year minimum, falling 10.00% closing at 6.39.
The volatility index of CBOE China Etf Volatility, which is formed on the basis of options trading options on the Shanghai Composite, headed south up to 1.20% to 23.97.
Similar
Why Virgin Galactic Dropped after Branson’s Flight
Virgin Galactic’s Branson flew to space, but the stock of Virgin Galactic (SPCE) dropped. Why?
Virgin Galactic Wins Space Race
Virgin Galactic (SPCE) will launch Richard Branson to space on July 11, aiming to beat Jeff Bezos.
Latest news
Gold May Form Double Top & Flat Strategy for S&P
Our analyst discusses the latest news and shares his trade ideas on gold, EUR/USD, and S&P 500. Jump in!
Will the BOE Act as the Lockdown Is Over?
The Bank of England will publish a monetary policy statement and update on the interest rate on Thursday, at 14:00 MT time.
Will the RBA Add Strength to the Aussie?
The Reserve Bank of Australia (RBA) will hold a meeting and announce changes to the monetary policy on August 3, at 07:30 MT time (GMT+3).
Deposit with your local payment systems
