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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Asian Equity Market Handover Heng Seng outperformed aided by HSBC

Article By: ,  Financial Analyst
May 3, 2019 3:19 AM

Stock market snapshot as of [03/5/2019 0555 GMT]


  • Light trading dominated in Asian stock markets today on the back of a lacklustre performance in the U.S stock market coupled with the China and Japan markets remain shut for the Golden Week holidays. The U.S S&P 500 has ended yesterday’s session with 0.2% decline, its second consecutive day of decline post FOMC. Interestingly, it has managed to have a daily close above the 2908 key medium-term pivotal support (click here  for a recap) after an intraday drop of 0.8% to print a low of 2900.
  • Hong Kong’s Hang Seng Index (HSI) has continued to hold above 29500 key medium-term pivotal support and erased its earlier morning losses with a slight gain of 0.25% in today’s Asian mid-session aided by better than expected Q1 2019 earnings from HSBC, the 2nd largest component stock in HSI where HSBC’s share price soared by 3.00%. In contrast, Korea’s Kospi 200 has underperformed with a drop of 0.58%; dragged down by its largest component, Samsung Electronics which declined by 0.76%.
  • European stock indices futures are trading slightly higher where the FTSE 100 and German DAX are showing a gain of 0.12%.     

Corporate Highlights (U.K/Europe)


NTS: no time specific

Macroeconomic Calendar


*Data from Refinitiv. Index names may not reflect tradable instruments and not all markets are available in all regions.






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