Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.00167691447736172 0.00167691447736172 0.00894354387926216
Stock impact report

Europe's China-Reliant Sectors Surge as Stimulus Fuels Optimism [BNN Bloomberg (Canada)]

Prudential Public Limited Company (PUK) 
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: BNN Bloomberg
Miners, luxury goods makers, automobile manufacturers and financial firms notched gains. Miner Anglo American Plc, Gucci-owner Kering SA and insurer Prudential Plc were among the top performers in the Stoxx Europe 600 Index, all rising by around 5%. China's sluggish economy has been a concern for investors, given the influence of its consumers on demand for goods spanning pricey cognacs to luxury vehicles. The second-quarter earnings season was marred by a string of profit warnings as a slowdown in the economic giant hit companies' bottom lines. “The new stimulus package by the Chinese authorities should help boost export demand for European companies,” said Joachim Klement, head of strategy, economics and ESG at Panmure Liberum. However, Klement questioned whether the measures would ultimately be enough to create a sustained recovery. German automakers remain heavily exposed to China's downturn. Just this month, BMW AG and Mercedes-Benz Group AG slashed profit forecasts, sendi Show less Read more
Impact Snapshot
Event Time:
PUK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PUK alerts
Opt-in for
PUK alerts

from News Quantified
Opt-in for
PUK alerts

from News Quantified