Asian stocks slipped Friday as investors weighed signs of progress in the fight against the coronavirus versus mounting data showing the severity of the impact on economies.
Benchmarks were down from Tokyo and Seoul to Shanghai and Hong Kong, though Sydney gained. Futures on the S&P 500 fell after the index erased a 1.6% gain Thursday to end little changed. Global stocks have snapped two weeks of gains this week as optimism about slowing infection rates in some locations faded in face of poor economic data. Treasuries added to recent gains, while oil prices continued to mend after their early-week collapse.
US After Hours INTC -5.2% trades lower on eanings; WWE +12.6%, EW +4.3% up on earnings; House passes coronavirus bill
Nikkei -1.07% Hang Seng -0.46% CSI -0.74% Shanghai -0.88% Shenzen -1.28%
Eur$ 1.0765 CNH 7.0974 CNY 7.08556 JPY 107.66 GBP1.2336 CHF 0.9773 RUB 74.85 TRY 6.9801 WTI$17.25 +4.61%
S&P -0.63% Nasdaq -0.8% EuroStoxx -2.27% FTSE -1.41% Dax-2.18% SMI -1.47%
Macro :
- German New Virus Cases, Deaths Rise by Most in Almost a Week
- Mnuchin Asks for Equity Stakes in Exchange for $17 Billion Aid
- U.K. Ready to Offer Full Guarantees on Small Business Loans: FT
Keep an eye on :
- AI FP : Air Liquide 1Q Rev. EU5.37b; Sees FY Net Ex-Items Close to 2019
- ARCAD NA : Arcadis First Quarter Organic Revenue +3%, Est. 0%
- BG AV : Bawag Withdraws 2020 Guidance, Takes Added EU25m Reserve in SME
- BILL SS : BillerudKorsnas First Quarter Adj Ebitda SEK791 Mln
- BIO SM : Biosearch to Test Hereditum to Protect Covid-19 Health Workers
- EN FP : Martin and Olivier Bouygues Give Up 25% of 2020 Pay
- BVI FP : Bureau Veritas 1Q Shows Hefty Virus Hit on Testing Sector: Citi
- BVI FP : Bureau Veritas Cancels Dividend, Drops 2020 Targets
- CO FP : Casino 1Q Beat, But Post Virus Cash Concerns Remain: Jefferies
- COFA FP : Coface First Quarter Net Income EU12.7 Mln, -65% Y/y
- DUFN SW : Dufry Placing Priced at CHF27.5/Shr; Bonds Upsized by CHF50m
- ECONB BB : Econocom First Quarter Organic Revenue -11.1%
- ENI IM : Eni First Quarter Adj Net EU59 Mln
- ENX FP Euronext Buying Majority of VP Securities
- FII FP : LISI First Quarter Sales -10.6%
- GFC FP : Gecina 1Q Gross Rental Income Rises 3.7% on Like For Like Basis
- HUBN SW : Huber + Suhner Suspends 2020 Guidance; Seen Lower N. Asia Volume
- KLOVB SS : Klovern First Quarter Property Mgmt Income SEK324 Mln
- LIFCOB SS : Lifco First Quarter Net Sales SEK3.64 Bln
- LHA GY : Ryanair CEO Says Lufthansa Looking to Benefit from State Aid: HB
- LUNE SS : Norway’s NPD Asks Lundin to Look at Goliat Tie-Back for Alta
- EGP PL : Mota, CCCC Win EU636m Railway Infrastructure Contract in Mexico
- NESN SW : *NESTLE 1Q ORGANIC REV. +4.3%, EST. +3%; MAINTAINS 2020 GUIDANCE
- NESN SW : Nestle First Quarter Organic Revenue +4.3%, Est. +3%
- ORP FP : Orpea Decides Not to Propose Dividend Due to Coronavirus
- PSG SM : Prosegur Offers Investors Option to Invest Dividend in Shares
- SAABB SS : Saab Withdraws Guidance as Coronavirus Outbreak Hits Sales
- SAN FP : *SANOFI 1Q BUSINESS EPS EU1.63, EST. EU1.43
- SAN FP : Sanofi Gets Covid-19 Sales Burst as Lockdowns Fueled Stocking Up
- SGO FP : Saint-Gobain First Quarter Sales EU9.36 Bln, Saint-Gobain Beat Offset By Unclear Outlook, Scrapped Dividend
- LIGHT NA : Signify First Quarter Adjusted Ebita EU112 Mln, Est. EU98.5 Mln
- SIOE BB : Sioen Q1 ‘20 Total Net Sales EU138.7M vs EU133.6M Prev Year
- SOP FP : Sopra Steria First Quarter Organic Revenue +3.3%
- SF SS : Stillfront Buys Candywriter for Upfront Consideration of $74.4m
- TIT IM : Telecom Italia Shareholders Confirm Salvatore Rossi as Chairman
- UCG IM : UniCredit Names Jana Hecker as Global Head of Equity Markets
- UN01 GY : Uniper 1Q Prelim. Adj Ebit About EU650 Million; Backs Forecast
- FR FP !: Valeo Says FY Outlook No Longer Valid, Proposes EU0.2/Shr Div.
- VAO GY : Vapiano Extends Vanessa Hall’s Role as CEO Until June 30
- RIN FP : Vilmorin Reports Strong Growth for Brazil Safrinha Corn Campaign
- DG FP : Vinci First Quarter Revenue EU9.69 Bln
- WHA NA : Wereldhave First Quarter EPS EU0.66