$IHI

BlackRock Institutional Trust Company N.A.

  • NYSE ARCA
  • Miscellaneous
  • Investment Trusts/Mutual Funds

PRICE

$53.36 ▲0.851%

Extented Hours

VOLUME

361,506

DAY RANGE

53.36 - 53.68

52 WEEK

50.33 - 67.17

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@SandroSys #decarolis
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Buongiorno cacciatori di pips, avete notato l'ironico "NON MI PIACE" del dislike su youtube ???? ..... ih ihi ih

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@DaveDixon #CoreTrader
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UK Market UK markets finished lower yesterday, led by losses in banking and mining sector stocks. DCC dropped 3.9%, even though the group reported an increase in its revenue in the first half of the year. Persimmon fell 2.6%, after the housebuilder signalled supply chain problems and cautioned over higher building costs. On the other hand, Watches of Switzerland Group surged 15.0%, after the company lifted its annual outlook citing stronger than expected performance in the first half. Associated British Foods climbed 8.0%, after the company declared a special dividend and as it reported higher profits for the fiscal year. BT Group added 2.7%, after a top broker upgraded its rating on the stock to ‘Buy’ from ‘Hold’. 3i Infrastructure rose 1.5%, after the company reported upbeat results in the first half of the year. The FTSE 100 slipped 0.4%, to close at 7,274.0, while the FTSE 250 fell 0.7%, to end at 23,367.1. . Europe Market European markets finished lower yesterday, amid concerns over rising inflation. Bakkafrost declined 14.6%, after the salmon farmer reported lower earnings in the third quarter and slashed its harvest targets. Muenchener Rueckversicherungs-Gesellschaft fell 2.3%, after the insurer issued a profit warning, citing the impact of Covid-19. On the other hand, Bayer climbed 6.6%, after the agriculture and pharmaceutical firm reported a jump in its profit in the third quarter. Renault advanced 3.8%, following news that its Japanese partner, Nissan reported a quarterly profit and lifted its annual outlook. Carrefour rose 2.9%, after the retailer announced an investment of €3.0 billion to transform into a digital retail company by 2026. The FTSEurofirst 300 index slipped 0.2%, to close at 1,866.6. Among other European markets, the German DAX Xetra 30 marginally fell to close at 16,040.5, while the French CAC-40 dropped 0.1%, to settle at 7,043.3. . US Market US markets closed lower yesterday, amid profit booking and ahead of the US inflation data. AMC Entertainment Holdings tumbled 11.4%, even though the company reported lower than expected losses in the third quarter. PayPal Holdings declined 10.5%, after the payments company downgraded its outlook for 2022 as it reported lower than expected revenue in the fourth quarter. TripAdvisor dropped 10.2%, after the travel booking company’s third quarter earnings came below analysts’ forecast. Palantir Technologies fell 9.4%, even though the company reported better than expected revenue in the third quarter. Nucor shed 2.4%, after a top broker downgraded its rating on the stock to ‘Neutral’ from ‘Buy’. On the flipside, General Electric rose 2.7%, after the company announced that it would split into three separate publicly traded units focused on aviation, health care and energy. The S&P 500 slipped 0.4%, to settle at 4,685.3. The DJIA fell 0.3%, to settle at 36,320.0, while the NASDAQ dropped 0.6%, to close at 15,886.5. . Asia Market Markets in Asia are trading lower this morning. In Japan, Takara Holdings and IHI have dropped 4.2% and 6.3%, respectively. Meanwhile, Resona Holdings and NTT Data have advanced 3.2% and 5.3%, respectively. In Hong Kong, Sands China and AIA Group have fallen 2.3% and 3.4%, respectively. Meanwhile, Hang Lung Properties and Sunny Optical Technology Group have risen 0.3% and 1.2%, respectively. In South Korea, Union Materials and Hitron Systems have declined 7.9% and 15.8%, respectively. Meanwhile, Capro and CONBUZZ have climbed 6.7% and 30.0%, respectively. The Nikkei 225 index is trading 0.6% lower at 29,095.5. The Hang Seng index is trading 1.2% down at 24,520.9, while the Kospi index is trading 1.1% lower at 2,929.1.

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UK Market Closed higher on Friday, supported by gains in banking and energy sector stocks. Morgan Advanced Materials jumped 8.3%, after the company forecasted its annual organic constant currency to be ahead of its previous guidance target. International Consolidated Airlines Group climbed 6.1%, after the company announced that its third quarter losses narrowed as more people resumed travelling due to ease in Covid restrictions. Beazley advanced 5.4%, after the insurer reported better than expected gross written premiums in the second half of the year amid rising rates and premium growth. Standard Chartered rose 2.5%, after a top broker upgraded its rating on the stock to ‘Buy’ from ‘Neutral’. Flutter Entertainment edged up 0.2%, following a rating upgrade on the stock to ‘Buy’ from ‘Hold’. The FTSE 100 gained 0.3%, to close at 7,304.0, while the FTSE 250 rose 0.5%, to end at 23,596.8. . Europe Market Also finished higher on Friday, amid optimism over earnings results. Allegro climbed 10.7%, after the company agreed to acquire Czech online retailer Mall Group for a consideration of €881.0 million. Krones advanced 2.4%, after the company reported strong results in the third quarter. Rheinmetall rose 2.3%, after the technology group reported an increase in its sales for the nine-month period ended September. CaixaBank edged up 1.6%, after the lender sold its 9.92% stake in Austrian bank, Erste Group for €1.50 billion. On the other hand, Dino Polska fell 1.7%, after grocery chain reported lower profits in the third quarter. Lanxess shed 0.8%, after the chemicals company issued a downbeat profit forecast for 2021. The FTSEurofirst 300 index marginally gained to close at 1,870.3. Among other European markets, the German DAX Xetra 30 rose 0.2%, to close at 16,054.4, while the French CAC-40 advanced 0.8%, to settle at 7,040.8. . US Market Again markets closed higher on Friday, following stronger than expected US jobs report. Canada Goose Holdings surged 19.4%, after the company lifted its annual outlook and reported higher than expected revenue in the third quarter. Expedia Group jumped 15.6%, after the company reported better than expected revenue and earnings in the third quarter. Live Nation Entertainment climbed 15.1%, after the event promoter swung to a profit in the third quarter, following an increase in sales. Airbnb advanced 13.0%, after the company reported robust results in the third quarter revenue. Uber Technologies rose 4.2%, after the company reported its first quarterly operating profit. On the flipside, DraftKings fell 2.4%, after the company reported wider than expected loss in its third quarter. The S&P 500 gained 0.4%, to settle at 4,697.5. The DJIA rose 0.6%, to settle at 36,328.0, while the NASDAQ advanced 0.2%, to close at 15,971.6. . Asia Market After last week’s highs this morning trading was lower morning. In Japan, Kobe Steel and Kubota have dropped 4.0% and 7.7%, respectively. Meanwhile, ANA Holdings and IHI have advanced 3.5% and 5.2%, respectively. In Hong Kong, Meituan and BYD have fallen 1.8% and 2.1%, respectively. Meanwhile, PetroChina and China Life Insurance have risen 1.7% and 3.0%, respectively. In South Korea, Century and KEC have declined 14.0% and 20.2%, respectively. Meanwhile, NK Mulsan and Central Insight have climbed 11.4% and 18.3%, respectively. The Nikkei 225 index is trading 0.2% lower at 29,538.6. The Hang Seng index is trading 0.6% down at 24,728.6, while the Kospi index is trading 0.8% lower at 2,946.4.

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UK Market Snapshot Finished higher yesterday, supported by gains in mining and energy sector stocks. Darktrace advanced 5.8%, after the cyber defence firm raised its annual revenue outlook, following strong sales performance and improved revenue in the first quarter. Grainger added 4.6%, after the property investment company reported an improvement in its performance in the second half of the year. On the other hand, QinetiQ Group dropped 13.2%, after the defence technology company warned of a potential one-off write down to its short-term outlook, due to technical and supply chain issues. Domino’s Pizza Group fell 4.2%, even though the company reported an increase in its sales in the third quarter and announced plans to generate 8,000 jobs. Tesco lost 1.2%, after the company traded ex-dividend. The FTSE 100 gained 0.9%, to close at 7,207.7, while the FTSE 250 rose 1.0%, to end at 22,860.4. . Europe Market Snapshot Closed higher yesterday, amid optimism over strong corporate earnings reports. TomTom advanced 4.2%, even though the company warned that supply chain issues might last until the first half of next year. Publicis Group rose 2.7%, as the advertisement group lifted its outlook for 2021, after reporting an increase in its organic growth in the third quarter. On the flipside, Chr. Hansen Holding dropped 6.7%, after the company’s fourth quarter profit came in below analysts’ estimates. Demant declined 4.9%, after the company recalled numerous implant devices, citing performance issues. Nordex shed 0.7%. The company announced that it received orders for 389 wind turbines in the third quarter. The FTSEurofirst 300 index gained 1.2%, to close at 1,803.8. Among other European markets, the German DAX Xetra 30 rose 1.4%, to close at 15,462.7, while the French CAC-40 advanced 1.3%, to settle at 6,685.2. . US Market Snapshot Closed higher yesterday, amid upbeat US corporate earnings results. Walgreens Boots Alliance climbed 7.4%, after the company reported stronger than anticipated revenue and earnings in the fourth quarter. Bank of America advanced 4.5%, after the lender reported better than expected third quarter revenue. UnitedHealth Group added 4.2%, after the health insurer lifted its annual earnings guidance. United Parcel Service rose 4.0%, after a top broker upgraded its rating on the stock to ‘Buy’ from ‘Hold’. Morgan Stanley gained 2.5%, after the lender reported upbeat results in the third quarter. On the other hand, Avis Budget Group fell 1.8%, following a rating downgrade on the stock to ‘Underweight’ from ‘Equal Weight’. The S&P 500 gained 1.7%, to settle at 4,438.3. The DJIA rose 1.6%, to settle at 34,912.6, while the NASDAQ advanced 1.7%, to close at 14,823.4. . Asia Market Snapshot We’re trading higher this morning, tracking overnight gains on Wall Street. In Japan, Omron and Sumco have advanced 3.5% and 4.2%, respectively. Meanwhile, IHI and JGC Holdings have dropped 1.4% and 2.4%, respectively. In Hong Kong, Tencent Holdings and BYD have risen 2.6% and 6.6%, respectively. Meanwhile, WH Group and Anta Sports Products have fallen 1.4% and 4.0%, respectively. In South Korea, KCTC and Sewoo Global have climbed 11.3% and 18.4%, respectively. Meanwhile, Central Motek and Hwashin have declined 3.5% and 7.4%, respectively. The Nikkei 225 index is trading 1.3% higher at 28,920.1. The Hang Seng index is trading 0.7% up at 25,140.6, while the Kospi index is trading 0.9% higher at 3,015.4

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UK Markets Closed lower yesterday, amid strength in the British Pound. boohoo Group plunged 15.1%, after the company issued a profit warning and cut its sales forecast. Virgin Money UK dropped 4.1%, after the company announced that it would shut 31 branches in coming months and reduce its office space. Royal Mail fell 3.6%, after a top broker downgraded its rating on the stock to ‘Sell’ from ‘Buy’. CRH shed 1.2%. The building materials group initiated a new share buyback program worth €257.6 million. On the other hand, IP Group advanced 2.9%, after the company announced that it has raised around £84.0 million through the initial public offering of Oxford Nanopore. Diageo rose 1.3%, after the drink’s giant forecasted organic operating margins to rise from a further recovery in sales volumes. The FTSE 100 slipped 0.3%, to close at 7,086.4, while the FTSE 250 fell 0.5%, to end at 23,031.3. . European Markets Closed lower yesterday, on worries about a slowing global economy and higher inflation and led by losses in travel sector stocks. Etablissementen Franz Colruyt declined 9.0%, after the retailer lowered its annual outlook. Kindred Group dropped 6.5%, after US investment firm, Capital Group raised its stake in the company. Nordex fell 3.6%, even though the company received an order from Royal Dutch Shell to supply and installation of 14 N131/3600 turbines in the Netherlands. H&M Hennes & Mauritz shed 3.4%, despite reporting a jump in its sales growth in the third quarter. Meanwhile, Sinch rose 3.1%, after the cloud communication services provider agreed to acquire Pathwire for a consideration of $1.9 billion. Sandvik edged up 0.5%. The engineering company announced that it has concluded the acquisition of CNC Software. The FTSEurofirst 300 index slipped 0.1%, to close at 1,759.0. Among other European markets, the German DAX Xetra 30 fell 0.7%, to close at 15,260.7, while the French CAC-40 dropped 0.6%, to settle at 6,520.0. . US Markets Also closed lower yesterday, amid concerns over Covid-19, rising inflation and a possible government shutdown. Bed Bath & Beyond plunged 22.2%, after the company lowered its annual revenue and earnings outlook, citing supply chain constraints. CarMax declined 12.6%, after the car retailer reported dismal earnings in the second quarter. Starbucks fell 1.7%, following a rating downgrade on the stock to ‘Neutral’ from ‘Outperform’. Meanwhile, Virgin Galactic Holdings climbed 12.2%, after the Federal Aviation Administration cleared a probe of a July flight mishap and allowed the company to resume flights. Paychex advanced 4.3%, after the company reported better than expected revenue and earnings in the first quarter and lifted its business outlook for the full year. The S&P 500 slipped 1.2%, to settle at 4,307.5. The DJIA fell 1.6% to settle at 33,843.9, while the NASDAQ dropped 0.4%, to close at 14,448.6. . Asian Markets Were trading lower this morning, tracking overnight losses on Wall Street. In Japan, IHI, Konami Holdings and Mitsui Chemicals have dropped 4.4%, 5.0% and 5.2%, respectively. Meanwhile, M3, Inpex and Nippon Electric Glass have advanced 0.5%, 0.8% and 1.4%, respectively. In South Korea, CS Wind, PharmGen Science and Century have declined 7.6%, 11.9% and 14.0%, respectively. Meanwhile, Kubko, Seondo Electric and Central Insight have climbed 8.2%, 15.2% and 18.3%, respectively. Markets in Hong Kong are closed today on account of a public holiday. Yesterday, the Hang Seng index fell 0.4% to close at 24,575.6. Today, the Nikkei 225 index is trading 2.0% lower at 28,861.8, while the Kospi index is trading 1.4% lower at 3,027.3.

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UK Markets Yesterday was mixed. Rolls-Royce Holdings jumped 11.3%, after the company agreed to sell its Spanish unit ITP Aero to Bain Capital Private Equity for €1.7 billion and as it won a £1.9 billion contract with the US Air Force to supply parts for its fleet of B-52 bombers for the next 30 years. IWG advanced 4.4%, following reports that the office rental firm is planning to split into different companies. Prudential rose 2.7%, after the company secured $2.4 billion from its Hong Kong share offering. Hikma Pharmaceuticals edged up 1.2%, after the company announced that it would acquire Custopharm from Water Street Healthcare Partners for $375.0 million. On the other hand, Renishaw dropped 5.9%, after the company announced that its full year results might be slightly delayed. The FTSE 100 gained 0.2%, to close at 7,063.4, while the FTSE 250 marginally dropped to end at 23,608.6. . European Markets Finished higher yesterday, following the outcome of German Federal elections and as European Central Bank President, Christine Lagarde, stated that inflation could exceed the bank’s projections. Biocorp Production climbed 6.9%, after the medical devices company entered into an agreement with Novo Nordisk in a bid to develop and distribute a Mallya smart add-on device for the Novo Nordisk FlexTouch pen used by diabetic people. Zooplus advanced 4.3%, after the company received a takeover offer worth €3.36 billion from private equity firm EQT. BASF rose 1.3%, after the company signed a Memorandum of Understanding with Sanyo Chemical for the joint development and access to technologies to develop advanced polyurethane dispersions. The FTSEurofirst 300 index slipped 0.1%, to close at 1,785.0. Among other European markets, the German DAX Xetra 30 rose 0.3%, to close at 15,573.9, while the French CAC-40 advanced 0.2%, to settle at 6,650.9. . US Markets Closed mostly lower yesterday, led by losses in technology sector stocks. Altice USA dropped 5.8%, after a top broker downgraded its rating on the stock to ‘Neutral’ from ‘Outperform’. Alphabet shed 0.8%, after the company’s Google unit announced that it would lower the commissions it collects on third-party software sales in its Cloud Marketplace. On the other hand, Gores Guggenheim advanced 4.7%, after the special purpose acquisition company announced that it would take electric car maker Polestar public through a merger at an enterprise value of $20 billion. Tesla rose 2.2%, after the company unveiled a software update that would allow customers to request access to its Full Self-Driving beta software. The S&P 500 slipped 0.3%, to settle at 4,443.1. The DJIA rose 0.2% to settle at 34,869.4, while the NASDAQ fell 0.5%, to close at 14,970.0. . Asian Markets Were trading mostly lower this morning, amid ongoing concerns over Chinese developer Evergrande’s debt crisis. In Japan, Taiyo Yuden and M3 have dropped 2.5% and 4.3%, respectively. Meanwhile, Honda Motor and IHI have advanced 2.7% and 2.8%, respectively. In Hong Kong, China Merchants Bank and Alibaba Group Holding have risen 3.3% and 6.1%, respectively. Meanwhile, CLP Holdings and AAC Technologies Holdings have fallen 0.7% and 1.1%, respectively. In South Korea, Foosung and Sewoo Global have declined 7.4% and 7.8%, respectively. Meanwhile, NK Mulsan and Korea Gas have climbed 11.8% and 14.2%, respectively. The Nikkei 225 index is trading 0.3% lower at 30,139.7. The Hang Seng index is trading 1.7% up at 24,629.9, while the Kospi index is trading 0.8% lower at 3,109.6.

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UK Markets Finished mixed yesterday, as gains in energy sector stocks were offset by losses in property sector stocks. CMC Markets tumbled 27.4%, after the online trading platform cut its earnings outlook for the full year. Auction Technology Group declined 10.2%, following news that TA Associates and ECI Partners sold around 12.6 million shares in the company through a placing. Barratt Developments dropped 4.5%, even though the company reported a jump in its annual profit. On the flip side, Energean climbed 7.3%, after the gas explorer announced that its interim losses narrowed, after reporting better than expected production. Melrose Industries advanced 7.2%, after the engineering firm swung to a profit in the first half of 2021. Homeserve added 3.3%, after a top broker upgraded its rating on the stock to ‘Overweight’ from ‘Equal Weight’. Wizz Air Holdings rose 1.8%, after the airline operator reported a rise in passengers in August. The FTSE 100 advanced 0.2%, to close at 7,163.9, while the FTSE 250 fell 0.1%, to end at 24,226.3. . European Markets Finished higher yesterday, amid strong corporate quarterly earnings reports and optimism over economic recovery. Swedish Orphan Biovitrum surged 25.8%, following news that US venture capital firm, Advent International and Aurora Investment offered to acquire the drugmaker for $8.0 billion. Lagardere rose 1.9%. The media company announced that it would sell a part of stake of its subsidiary company, Lagardere Travel Retail Asia to e-commerce company, JD.com. On the other hand, Alstom fell 3.4%. The speed-train maker announced that it would supply 35 additional Citadis tramways to Lyon’s Public Transport Authority, SYTRAL. The FTSEurofirst 300 index added 0.3%, to close at 1,827.5. Among other European markets, the German DAX Xetra 30 rose 0.1%, to close at 15,840.6, while the French CAC-40 advanced 0.1%, to settle at 6,763.1. . US Markets Closed higher yesterday, after the US weekly jobless claims declined more than expected. ChargePoint Holdings climbed 8.2%, after the company reported an increase in its revenue in the third quarter and lifted its annual revenue guidance. Signet Jewelers advanced 5.7%, after the company reported better than expected revenue and earnings in the second quarter and raised its annual outlook. Hill-Rom Holdings rose 4.7%, after the medical equipment maker agreed to be acquired by medical products maker, Baxter International for a cash consideration of $10.5 billion. On the other hand, Five Below declined 13.0%, after the company reported lower than expected revenue in the second quarter. C3.ai dropped 10.2%, after the software company reported wider than expected loss in the first quarter. The S&P 500 added 0.3% to settle at 4,537.0. The DJIA rose 0.4% to settle at 35,443.8, while the NASDAQ advanced 0.1%, to close at 15,331.2. . Asian Markets Were trading mostly higher this morning. In Japan, Terumo and IHI have advanced 2.8% and 3.2%, respectively. Meanwhile, Toyobo and JTEKT have dropped 0.4% and 1.2%, respectively. In Hong Kong, Tencent Holdings and BYD have fallen 1.2% and 2.1%, respectively. Meanwhile, CSPC Pharmaceutical and CNOOC have risen 1.7% and 2.5%, respectively. In South Korea, TCC Steel and Dual have climbed 7.6% and 13.7%, respectively. Meanwhile, Duksung and Seoyon have declined 5.6% and 6.5%, respectively. The Nikkei 225 index is trading 0.9% higher at 28,787.4. The Hang Seng index is trading 0.5% down at 25,961.8, while the Kospi index is trading 0.7% higher at 3,196.6. . Commodity Gold futures contract is trading 0.32% or $5.80 higher at $1815.20 per ounce, amid weakness in the US Dollar. Yesterday, the contract declined 0.24% or $4.40, to settle at $1809.40 per ounce, . Brent crude oil one month futures contract is trading 0.1% or $0.07 higher at $73.10 per barrel, ahead of the weekly US oil rig count data by Baker Hughes, scheduled to be released later today. Yesterday, the contract climbed 2.01% or $1.44, to settle at $73.03 per barrel, amid optimism over crude demand recovery. . Currency GBP is trading marginally higher against the USD at $1.3833, ahead of UK’s services PMI for August, due in a few hours. Yesterday, the GBP strengthened 0.46% versus the USD, to close at $1.3833. . EUR is trading marginally higher against the USD at $1.1878, ahead of the Euro-zone’s services PMI for August and retail sales data for July, along with Germany’s services PMI for August, due in a few hours. Additionally, investors await the US nonfarm payrolls, average hourly earnings, unemployment rate and the services PMI, all for August, scheduled to release later today. Yesterday, the EUR strengthened 0.3% versus the USD, to close at $1.1875. On the data front, Euro-zone’s producer price index (PPI) advanced more than market forecast in July. In other economic news, the US initial jobless claims declined to its lowest level since March 2020 in the week ended 27 August 2021. Further, the US factory orders climbed more than expected in July, while the nation’s trade deficit narrowed in the same month. . Bitcoin BTC is trading 1.01% lower against the USD at $49060.05. Yesterday, BTC advanced 2.67% against the USD to close at $49562.10. In a key development, blockchain-based music streaming platform, Audius announced the launch of full Salona NFT integration to allow its users to start featuring digital collectibles from the Solana library. In another development, US based blockchain startup, Simba Chain announced that it has secured $25.0 million through a series A funding round to expand its business and to tap new opportunities like nonfungible tokens. . Economic News . Euro-zone PPI advanced more than expected in July In the Euro-zone, the PPI jumped 12.10% on YoY basis in July, compared to an advance of 10.20% in the previous month. Markets were expecting the PPI to climb 11.00%. . US factory orders climbed more than expected in July In the US, factory orders advanced 0.40% on a MoM basis in July, compared to a rise of 1.50% in the prior month. Markets were expecting factory orders to record a rise of 0.30%. . US initial jobless claims dropped more than market forecast in the week ended 27 August 2021 In the US, the number of initial jobless claims fell to a level of 340.00 K in the week ended 27 August 2021, compared to a revised level of 354.00 K in the prior week. Markets were expecting the initial jobless claims to fall to a level of 345.00 K. . US goods trade deficit narrowed in July In the US, trade deficit narrowed to $70.05 billion in July, compared to a revised deficit of $73.23 billion in the previous month. Market expectations were for the nation to record a deficit of $71.00 billion. . Chinese Markit services PMI index dropped in August In China, the Markit services PMI index registered a drop to 46.70 in August, compared to a reading of 54.90 in the previous month.

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UK Markets Finished mixed yesterday, as gains in insurance stocks offset losses in energy and mining sector stocks. Admiral Group advanced 3.9%, after the motor insurer forecasted higher than expected profits in the first half of the year. Daily Mail & General Trust added 3.3%, after the media group announced that its controlling shareholder, Rothermere Continuation is considering a proposal for the remaining assets of the group. Plus500 gained 2.2%, even though the company reported a decline in its interim revenue. PageGroup rose 0.7%, after a top broker upgraded its rating on the stock to ‘Outperform’ from ‘Sector Perform’ and raised its target price to 700.0p from 525.0p. On the other hand, Flutter Entertainment dropped 2.1%. The company announced that it has agreed to sell Oddschecker Global Media to private equity firm, Bruin Capital, for a consideration of £155 million. The FTSE 100 advanced 0.1%, to close at 7,125.4, while the FTSE 250 fell 0.1%, to end at 22,895.9.. . European Markets Closed higher yesterday, supported by gains in real estate and healthcare sector stocks. JCDecaux climbed 10.1%, after a top broker upgraded its rating on the stock to ‘Overweight’ from ‘Neutral’. Credit Suisse Group added 0.6%. The lender announced the departure of its compliance head, Floriana Scarlato, with immediate effect. Novo Nordisk rose 0.1%, following news that the drug maker would acquire US drug developer, Prothena Corp’s experimental heart therapy, PRX004 for $1.23 billion. On the other hand, Atos plunged 17.9%, as the IT consulting company slashed its annual financial targets, after reporting lower profits in the first half of the year. The FTSEurofirst 300 index gained 0.7%, to settle at 1,778.1. The German DAX Xetra rose 0.7%, to settle at 15,790.5, while the French CAC-40 added 0.5%, to close at 6,559.3. . US Markets Also finished higher yesterday, ahead of the second quarter earnings session. L Brands climbed 4.2%, after the fashion retailer announced that it is planning to split into two publicly traded businesses. Walt Disney advanced 4.2%, after its film Black Widow earned $80.0 million at the US box office opening. Cheesecake Factory gained 4.1%, after a top broker upgraded its rating on the stock to ‘Outperform’ from ‘Market Perform’. Moderna added 2.8%, after the pharmaceutical company announced that it would supply 20 million doses of its Covid-19 vaccine to Argentina. Nordstrom rose 0.8%. The luxury department store chain announced that it bought a minority stake in four apparel brands owned by the online UK fashion house, Asos. On the flipside, Virgin Galactic Holdings declined 17.3%, after company announced the sale of common stocks worth $500.0 million. The S&P 500 gained 0.3%, to settle at 4,384.6. The DJIA rose 0.4%, to settle at 34,996.2, while the NASDAQ added 0.2%, to close at 14,733.2. . Asian Markets Are trading higher this morning, tracking overnight gains on Wall Street. In Japan, IHI and Unitika have advanced 2.9% and 4.5%, respectively. Meanwhile, M3 and Toho have dropped 0.9% and 1.4%, respectively. In Hong Kong, Xinyi Solar Holdings and Tencent Holdings have risen 3.1% and 5.0%, respectively. Meanwhile, CNOOC and Country Garden Services Holdings have fallen 0.7% and 1.4%, respectively. In South Korea, HansaeMK and Seowon have climbed 17.9% and 21.5%, respectively. Meanwhile, e-Starco and GeneOneLifeScience have declined 5.2% and 9.4%, respectively. The Nikkei 225 index is trading 0.8% higher at 28,792.1. The Hang Seng index is trading 1.7% up at 27,989.6, while the Kospi index is trading 0.7% higher at 3,269.0. . Commodity Brent crude oil one month futures contract is trading 0.27% or $0.20 higher at $75.36 per barrel, ahead of theAmerican Petroleum Institute’s weekly oil inventory data, scheduled to be released later today. Yesterday, the contract declined 0.52% or $0.39, to settle at $75.16 per barrel, on concerns over slowdown in global economic growth. Gold futures contract is trading 0.3% or $5.50 higher at $1811.40 per ounce. Yesterday, the contract declined 0.26% or $4.70, to settle at $1805.90 per ounce, amid strength in the US Dollar. . Currency EUR is trading 0.11% higher against the USD at $1.1874, ahead of Germany’s inflation data for June, due in a few hours. Additionally, investors await the US inflation data and business optimism index and monthly budget statement data,all for June, slated to release later today. Yesterday, the EUR weakened 0.13% versus the USD, to close at $1.1861. GBP is trading 0.14% higher against the USD at $1.3903. Yesterday, the GBP weakened 0.13% versus the USD, to close at $1.3883, amid speculation that British Prime Minister, Boris Johnson, might remove all the remaining Covid-19 restrictions from 19 July, despite surging Covid-19 cases. On the data front, UK’s retail sales rose less than the market forecast in June . Bitcoin BTC is trading 1.05% higher against the USD at $33194.74. Yesterday, BTC declined 2.01% against the USD to close at $32849.59. In a key development, Capital International Group has acquired a 12.2% stake in MicroStrategy, making it one of the largest investors in Bitcoin. In another development, Nifty’s Inc announced that it would launch a social NFT platform in partnership with Warner Bros. . Economic News UK retail sales advanced less than expected in June In the UK, retail sales across all sectors rose 6.70% on a YoY basis in June, compared to an advance of 18.50% in the previous month. Markets were expecting retail sales to record an advance of 24.00%. . China’s trade surplus unexpectedly widened in June In China, trade surplus unexpectedly widened to $51.53 billion in June, compared to a surplus of $45.53 billion in the prior month. Markets were expecting a trade surplus of $44.20 billion. . Australia’s business confidence index unexpectedly dropped in June In Australia, the business confidence index fell to 11.00 in June, compared to a reading of 20.00 in the previous month. Markets were expecting the index to rise to a level of 23.00. . Australia’s business conditions index fell more than expected in June In Australia, the business conditions index dropped to 24.00 in June, compared to a level of 37.00 in the prior month. Markets were expecting the index to fall to a level of 33.00

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@DaveDixon #CoreTrader
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UK Markets Markets finished mixed on Friday, as gains in energy sector stocks and positive corporate updates overshadowed concerns over rising coronavirus cases. Deliveroo rallied 6.7%, after the company agreed to extend its partnership with French supermarket giant Groupe Casino for two years. Informa advanced 3.2%, after a broker upgraded its rating on the stock to ‘Buy’ from ‘Hold’. Grafton Group climbed 1.9%, after the company announced that it has completed the acquisition of Isojoen Konehalli and Jokapaikka (IKH) in a deal worth €199.0 million. Associated British Foods rose 0.5%, after third quarter sales at its Primark fashion stores surpassed market expectations. On the other hand, banking stocks such as Barclays, HSBC Holdings and Standard Chartered dropped 1.5%, 1.6% and 2.4%, respectively. The FTSE 100 slightly fell to close at 7,123.3, while the FTSE 250 rose 0.6%, to end at 22,747.0. . European Markets Finishing mostly higher on Friday, amid optimism about strong global economic recovery. Kindred Group climbed 6.2%, after the company announced that it has agreed to acquire the remaining 66.6% stake in Relax Gaming, a leading and rapidly growing B2B iGaming supplier. ASML Holding rose 1.4%, after Micron Technology Inc indicated that it plans to start using ASML EUV machines in production in 2024. On the flipside, Ambu dropped 9.2%, after the company issued a profit warning. CaixaBank fell 2.0%, after the lender announced that it would lay off 6,452 staff as part of its turnaround plan. Industria de Diseno Textil lost 0.8%, following reports that the French prosecutors opened an investigation into the retail giant, which owns Zara, for concealing crimes against humanity in the Xinjiang region of China. The FTSEurofirst 300 index gained 0.2%, to close at 1,763.1. Among other European markets, the German DAX Xetra 30 rose 0.3%, to close at 15,650.1, whereas the French CAC-40 marginally fell to settle at 6,552.9. . US Markets Closed higher on Friday, following stronger than expected US non-farm payrolls data. Virgin Galactic Holdings advanced 4.1%, after the space tourism company announced that it would take its founder Richard Branson into space on 11 July. Tesla added 0.1%, after the electric vehicle maker reported record vehicle deliveries for the second quarter. On the other hand, International Business Machines fell 4.6%, after the tech giant announced the departure of its President, Jim Whitehurst after three years at the firm. Charles Schwab declined 1.1%, after the financial services company announced that it is being probed by the Securities and Exchange Commission regarding disclosure involving its robo advisors. The S&P 500 gained 0.8%, to settle at 4,352.3. The DJIA rose 0.4%, to settle at 34,786.4, while the NASDAQ added 0.8%, to close at 14,639.3. . Asian Markets Asia were trading mostly lower this morning. In Japan, IHI and Showa Denko have dropped 2.1% and 3.1%, respectively. Meanwhile, Fujitsu and Kawasaki Kisen Kaisha have advanced 1.4% and 2.1%, respectively. In Hong Kong, Xiaomi and Alibaba Group Holdings have fallen 1.5% and 2.5%, respectively. Meanwhile, WH Group and Sunny Optical Technology Group have risen 1.6% and 3.3%, respectively. In South Korea, Hanwha Aerospace and Jooyontech have climbed 10.2% and 18.3%, respectively. On the other hand, ORIENTBIO and INFAC have declined 6.0% and 16.9%, respectively. The Nikkei 225 index is trading 0.6% lower at 28,611.0. The Hang Seng index is trading 0.2% down at 28,248.6, while the Kospi index is trading 0.4% higher at 3,294.5.

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@Pyrognosis #droscrew
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$DHR in the MOC buying. Aligns with $IHI flow perhaps

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@dros #droscrew
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$IHI was leading the buy flow money when I last shared it 

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@DaveDixon #CoreTrader
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Asia Market Asia was trading mostly higher this morning, tracking overnight gains on Wall Street. In Japan, IHI and Sumitomo Dainippon Pharma have jumped 5.3% and 16.4%, respectively. Meanwhile, Hino Motors and Hitachi Zosen have dropped 2.5% and 3.1%, respectively. In Hong Kong, Xiaomi and Meituan have risen 4.7% and 6.9%, respectively. On the other hand, Wuxi Biologics (Cayman) and Geely Automobile Holdings have declined 2.4% and 3.3%, respectively. In South Korea, SsangYong Motor and Yuyang D&U have plunged 19.2% and 29.9%, respectively. On the contrary, CONBUZZ and Korea Flange have surged 30.0% and 30.6%, respectively. The Nikkei 225 index is trading 1.7% higher at 27,297.7. The Hang Seng index is trading 1.0% up at 26,590.6, while the Kospi index is trading 0.1% lower at 2,806.7.

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@DaveDixon #CoreTrader
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Asia Market Asia are trading mostly lower this morning, amid concerns over rising coronavirus cases in North Asia. In Japan, IHI and Nippon Sheet Glass have dropped 3.0% and 3.1%, respectively. Meanwhile, Tokyu Fudosan Holdings and Chugai Pharmaceutical have advanced 1.8% and 2.0%, respectively. In Hong Kong, CK Infrastructure Holdings and Hang Lung Properties have fallen 1.8% and 2.0%, respectively. Meanwhile, AIA Group and Geely Automobile Holdings have risen 0.8% and 0.9%, respectively. In South Korea, Hitron Systems and Central Motek have climbed 21.2% and 22.3%, respectively. Meanwhile, Pharmicell and Namkwang Engineering & Construction have declined 5.0% and 6.8%, respectively. The Nikkei 225 index is trading 0.5% lower at 26,631.3. The Hang Seng index is trading 0.2% down at 26,444.2, while the Kospi index is trading 0.1% higher at 2,773.7.

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Key Metrics

Market Cap

6.98 B

Beta

0.90

Avg. Volume

1.69 M

Shares Outstanding

130.90 M

Yield

0.30%

Public Float

0

Next Earnings Date

Next Dividend Date

2022-06-09

Company Information

Website:

HQ: ,

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