[SEOUL] South Korean shares slipped on Monday as deadlocked talks in Europe over a recovery package to help economies cope with the Covid-19 fallout dented investor sentiment.Investors are also eyeing South Korea's 20-day export data and second quarter GDP data due this week, said Na Jeong-hwan, an analyst with DS Investment & Securities.
EU leaders stood at an impasse on Sunday after three days of haggling over a plan to revive economies throttled by the Covid-19 pandemic, but the chairman of the near-record-length summit urged them to make one last push on"mission impossible".The trading volume during the session in the Kospi index was 675.46 million shares. Of the total 901 traded issues, 364 advanced.For daily updates on weekdays and specially selected content for the weekend.
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Europe: Stocks start week in red[LONDON] Europe's stock markets opened lower Monday as EU leaders struggled to unite over the terms of a vast 750-billion-euro (S$1.19 trillion) post-coronavirus economic rescue plan. Read more at The Business Times.
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Singapore stocks open flat on MondaySINGAPORE shares struggled to advance at the start of the week, with the key Straits Times Index inching up 0.02 point to 2,618.50 as at 9.02am on Monday. This comes after Singapore stocks similarly drifted through most of Friday, after a dull, directionless session. Read more at The Business Times.
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Hong Kong: Stocks drop at open[HONG KONG] Hong Kong shares fell at the open Monday, with investors spooked by a spike in coronavirus infections in the city that has forced the government to impose further containment measures. Read more at The Business Times.
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Stocks to watch: Sembcorp, SIAEC, Yangzijiang, Thomson Medical, CDLHT, EC World ReitTHE following companies saw new developments that may affect trading of their securities on Monday: Read more at The Business Times.
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Which Hong Kong stocks have skyrocketed during the coronavirus pandemic? Hint: one makes toilet paperPeople may be staying away from hotels, airlines and luxury toys during Covid-19, but they’re still buying toilet paper – lots of it – explaining why Vinda International Holdings is one of the lucky few Hong Kong-listed companies reporting surging profits.Others besides Vinda that have recently issued
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