BELEX market closed – leading indices ended 2018 at opposite directions
Belgrade Stock Exchange will be closed form 31st December until 2nd January, due to upgrade on trading platforms and New Year holiday. Leading indices ended 2018 at opposite directions – BELEX15 added 0.25%, while broad BELEXline was down 4.4%, which is more similar with major global markets. The most traded stock for 2018 was Komercijalna Banka with RSD 1.48bn in volume.
Source: Ilirika, Belex
Dow closes lower, ending a volatile week on Wall Street, European markets close higher, tech, banks and oil record big gains
The Dow Jones Industrial Average closed slightly lower on Friday as Wall Street concluded a roller-coaster week. The 30-stock index ended the day down 76.42 points at 23,062.40. At its high of the day, it rose as much as 243.06 points, it fell as much as 155.26 points. The S&P 500 closed 0.1 percent lower at 2,485.74, led by losses in the energy sector, after rising as much as 1.26 percent. The Nasdaq Composite eked out a gain of 0.1 percent to end at 6,584.52, but closed well off its session high. Gains in Apple, Amazon and Netflix lifted the tech-heavy Nasdaq.
Investors have fretted over fears of a monetary policy mistake by the Federal Reserve, an ongoing government shutdown in Washington and potential signals the global economy may be slowing down. Wall Street is also watching developments on the trade front as China and the U.S. try to strike a deal on trade — and the clock ticks down on the two nations' tariff ceasefire.
European markets closed higher Friday with all major bourses and sectors in positive territory. The pan-European Euro Stoxx 600 index ended provisionally higher by 1.9 percent while the FTSE 100 was up 149 points, or 2.3 percent, at 6,733 by the close of trading. In mainland Europe, the CAC 40 in Paris and the DAX 30 in Frankfurt both ended up by around 1.7 percent.
Tech and bank stocks led the charge. Among the former, AMS, Sitronic Nam, Infineon and Logitech were big gainers while in the banking sector Banco BPM and Metro Bank attracted buyers.