![]() #Starmoney 6 download updateDAILY MARKET UPDATE MaGLOBAL MARKETS MARKET COMMENTARY Change Performance Value (%) MTD (%) YTD (%) Closing Level Indices Global S&P 500 Dow Jones Ind.US and European indices retreated amid concerns about G20 financial leaders' decision to drop a pledge to keep global trade free and open. S&P closed 0.2% lower, with Financials leading the decliners, amidst a continued fall in yield. Lower yields however benefited rate sensitive Real Estates stocks. Free starmoney.6 runterladen download software at UpdateStar - Banking organization or Sparkasse, checking account or savings account: All your finances in one app.With StarMoney, you can manage your finances fast, comfortable and safe. The Stoxx Europe 600 Index fell 0.2% with Energy stocks down for the first time in 4-days due to lower crude prices. Banking sector was also a drag on the broader index as sector heavyweight, Deutsche Bank AG fell to its lowest in 2017 after saying it will raise EUR 8.0bn by selling stock at 35% discount to last week’s closing price. In Asia, Hang Seng surged 0.8%, buoyed by China Shenhua Energy Co, which gained after announcing a special dividend. Saudi Arabia’s benchmark index was down 0.5%, weighed by Petrochemical stocks, which ended in red tracking lower oil prices. Insurance sector also fell on the back of profit booking following Sunday’s rally. Solidarity Saudi Takaful slumped 5.6% after the regulator suspended its right to issue health insurance policies. Chubb Arabia Cooperative Insurance fell 0.8% after it said it would not distribute a cash dividend for 2016. Dubai’s benchmark ended in red with Construction firm, Drake & Scull down 2.2%. Declining shares outnumbered advancing ones in the ratio of 18 to three. ![]()
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