Special Report 24-Aug-2018
Global markets at a glance The Dow Jones Industrial Average fell 76.62 points, or 0.3 percent, to 25,656.98, the S&P 500 lost 4.84 points, or 0.17 percent, to 2,856.98 and the Nasdaq Composite dropped 10.64 points, or 0.13 percent, to 7,878.46. Wall Street's major indexes fell on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China. Despite ongoing talks, the two countries imposed tariffs on $16 billion worth of each other's goods. Shares of industrial giants Caterpillar Inc and Boeing Co , which have been bellwethers of trade sentiment, were among the biggest drags on the Dow. Caterpillar shares fell 2.0 percent, and Boeing shares fell 0.7 percent. In the S&P 500, the technology sector was the sole gainer, rising 0.2 percent. But it pared gains late in the session, sending the techheavy Nasdaq into negative territory along with the S&P and the Dow. Asian stocks tracked Wall Street losses and edged down in early trade on Friday, but the dollar was buoyant after ending a long losing run ahead of a speech by Federal Reserve Chairman Jerome Powell. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.18 percent. Australian stocks rose 0.16 percent, South Korea's KOSPI fell 0.35 percent and Japan's Nikkei climbed 0.35 percent. The S&P 500 shed 0.17 percent overnight to pull back slightly from a record high scaled midweek, with industrial shares sagging after the United States and China imposed a fresh round of trade tariffs on each other. The benchmark S&P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, buoyed by strong earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China. The S&P 500 rose as much as 0.6 percent to a record intraday high of 2,873.23 points, topping its previous record high of 2,872.87 on Jan. 26, though it closed below both those marks.Late in the day, stock market futures fell after US President Donald Trump's former personal lawyer, Michael Cohen, pleaded guilty to campaign finance violations and other charges, saying he made payments to influence the 2016 election at the direction of a candidate for federal office. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-25.25], Consumption[+12.8pts],PSE[ —16.05pts],CPSE[+14.7pts],Energy[+44.60pts],FMCG[+111.15pts],Auto[ 67.10pts],Pharma[+160.70pts],IT[+98.45pts],Metal[ 48.65pts],Realty[+2.05 pts], Fin Serv sector[-1.75pts].
World Indices Index
Value
% Change
DJI
25,656.98
-0.30
S&P500
2,856.98
-0.17
NASDAQ FTSE100
7,878.46 7,563.22
-0.13
22,575.78 27,689.79
+0.74 -0.36
NIKKEI HANG SENG
-0.15
Top Gainers Company
CMP
Change
% Chg
TECHM
728.9
17.25
2.75
2,467.90
52.65
2.36
164.5
3.50
2.27
HCLTECH
1,026.00
21.05
2.13
LT
1,349.95
29.50
2.07
CMP
Change
% Chg
TATAMOTORS BPCL IOC HINDPETRO
256.55 358.5 153.65 260.1
-11.90 -11.00 -7.25 -5.35
-4.56 -2.78 -2.57 -2.53
HINDALCO
221.15
-19.85
-2.32
DRREDDY NTPC
Top Losers Company
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
ALMONDZ
40.6
-0.1
-0.25
AXISBANK
635.75
-1.75
-0.28
BAJFINANCE
2871.8
19.25
0.67
1034
47
4.55
1673.6
334.7
20
BATAINDIA BBTC
Stocks at 52 Week’s LOW Symbol
ALCHEM AMTEKAUTO AYMSYNTEX BALAJITELE BLBLIMITED
Prev. Close
Change
%Chg
5.65 6.35 39.45 107.45 4.75
-0.15 -0.3 -0.15 -0.45 -0.2
-2.65 -4.72 -0.38 -0.42 -4.21
Indian Indices Company
NIFTY SENSEX
CMP
Change
% Chg
11582.8
11.9
0.10
38336.76
51.01
0.13
_____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd www.epicresearch.co