Global markets seek equilibrium values in the wake of emerging economies
Yesterday's events on the largest trading floors around the world have already been dubbed “Black Monday” with an easy feed of traders and finance / capital managers.
In short - in one day only the largest world indices sank to close to two-digit values. Loss indicators at the close of trading are as follows:
Many events are locked into one chain: waiting for the worst macroeconomic indicators from China, falling commodity markets (first of all, WTI and Brent oil brands on the news of overstocking of the US market and falling growth (and, accordingly, further consumption) in China, which caused a series of sales of commodity contracts.
At the same time, investors around the world began to fear for a further decline in the shares of technology companies, which is also associated with a slowdown in China - a manufacturer of at least 30% of world electronics and components. In addition to falling demand, the fall in quotations revealed a widening gap between the estimates of private technology companies and the state of affairs in the open (public) stock market, which increases the chances of cost estimates for a group of highly valued companies (so-called "unicorns" - companies with more than a billion). , in dollars, cost estimate).
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However, only yesterday, August 24, Apple shares sank 13% during the trading session, returning to its close values close to the previous day's close, only 2% lower.
Apple, the leader in terms of capitalization among all the companies in the world, has suffered from the revaluation the most. Since the beginning of the year, the company's stock quotes fell by 20.6%, Apple "lost" more than $ 158 million in capitalization, which even forced Tim Cook in a letter to CNBC to report that "the company's business in China is progressing well."
In short - in one day only the largest world indices sank to close to two-digit values. Loss indicators at the close of trading are as follows:
- Shanghai Composite: -8.5%
- Hang Seng: -6.5%
- Dow Jones: -3.6%
- S & P 500: -3.9%
- Nasdaq: -3.8%
- RS: -5%
- Nikkei 225: -4.61%
- FTSE 100: -4.67%
- DAX 30: -4.7%
Many events are locked into one chain: waiting for the worst macroeconomic indicators from China, falling commodity markets (first of all, WTI and Brent oil brands on the news of overstocking of the US market and falling growth (and, accordingly, further consumption) in China, which caused a series of sales of commodity contracts.
At the same time, investors around the world began to fear for a further decline in the shares of technology companies, which is also associated with a slowdown in China - a manufacturer of at least 30% of world electronics and components. In addition to falling demand, the fall in quotations revealed a widening gap between the estimates of private technology companies and the state of affairs in the open (public) stock market, which increases the chances of cost estimates for a group of highly valued companies (so-called "unicorns" - companies with more than a billion). , in dollars, cost estimate).
')
However, only yesterday, August 24, Apple shares sank 13% during the trading session, returning to its close values close to the previous day's close, only 2% lower.
Apple, the leader in terms of capitalization among all the companies in the world, has suffered from the revaluation the most. Since the beginning of the year, the company's stock quotes fell by 20.6%, Apple "lost" more than $ 158 million in capitalization, which even forced Tim Cook in a letter to CNBC to report that "the company's business in China is progressing well."
Source: https://habr.com/ru/post/293906/
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