x

Start investing with a
free Kristal.AI account.

icon

Simple. Secure.

*Error message

Weekly Feed5 Mins Read

Kristal Weekly Feed I 24th February 2020

With a busy schedule, it can get difficult to understand and analyze major events around the globe and how they affect your investments. In our weekly market update, we help you slice and dice the latest news updates to make informed investment decisions.


Headlines this week:

  • It was a mixed week, with Wednesday being the best day for markets around the globe. While the Covid-19 epidemic continues to dominate the market sentiment, investors tried to hold on to any positive economic data
  • Gold climbed to a 7-year high at $1617.50 per ounce on Thursday
  • Apple Inc. declared that the epidemic might affect its second-quarter results as its supply chains in Asia have been affected
  • China lowered financing costs for businesses and cuts its benchmark lending rates to support the economy

Tracking the 2019-n-CoV

China’s coronavirus now has 77,794 confirmed cases around the globe and the death toll is at 2359. Countries with confirmed cases of Covid-19 include China, Japan, Singapore, Malaysia, VietNam, Philippines, Cambodia, Republic of Korea, Australia, Thailand, India, Nepal, Sri Lanka, Canada, the USA, the UK, Germany, France, Italy, Belgium, Spain, Finland, Sweden, Israel, the UAE, Iran, Lebanon, and Egypt.

Worldwide-Covid-19-cases
Source: ecdc.europa.eu/en/geographical-distribution-2019-ncov-cases
Covid-19-–-distribution-by-continent-except-China
Covid-19-–-distribution-by-continent-except-China

Market Update

United States: The US markets were closed on Monday on account of the President’s Day.

Europe: European markets have a good start to the week despite the holiday in the US taking the steam off the market. China’s attempts to limit the economic impact of the epidemic helped raise the investor spirits.

Asia-Pacific: The Asia-Pacific markets had a mixed start to the week as investors remained skeptical about the potential economic impact of the spread of Covid-19. While China, Hong Kong, and New Zealand closed in the green, most other markets found themselves closing lower.

Let’s take a look at how the global markets performed during the week.

United States

The US markets remained closed on Monday on account of the President’s Day. As the markets resumed on Tuesday, investors displayed doubts over the impact of Covid-19 on the global economy and manufacturing supply chains. Apple Inc. declared that since its supply chains in Asian countries are impacted, it might not be able to meet its quarterly revenue forecast. This led to the markets ending lower.

U.S.-markets-Feb-17th-21st-2020.

On Wednesday, the Federal Reserve reaffirmed its positive outlook about the US economy and kept its benchmark lending rate unchanged at 1.5-1.75%. As the number of cases grew, major technology company shares took a beating due to the high exposure of these companies to Chinese and other Asian countries’ manufacturing units. Major indices in the US closed in the red. The losses continued for the second straight session on Friday as the technology sector suffered.

Europe

Monday was a good day for the European markets Italian banks rallied and news about China’s renewed attempts to limit the economic impact of the virus reached the investors. Despite the US markets remaining closed, the European investors didn’t allow the duller market activity to affect their positive sentiment. With Apple Inc. declaring that it might not be able to meet its quarterly revenue forecast, the market sentiment took a thrashing as fears over the economic impact of the epidemic persisted. On Wednesday, news about a slight slowing of the rate of new cases of Covid-19 helped boost the European markets.

European-markets-Feb-17th-21st

Also, China’s attempts to ‘return to production’ helped improve the market sentiment. Despite the slowdown in new cases, disappointed earning reports weighed on the market sentiment on Thursday. The markets remained mixed. By the end of the week, a rise in the number of Covid-19 cases coupled with weak US business data led to most European shares falling.

Asia Pacific

With concerns about the potential economic impact of Covid-19 spreading, markets in the Asia-Pacific region started the week toggling between losses and gains. China had a great start to the week with the Shanghai Composite Index gaining 2.28%. Hong Kong and New Zealand markets were the next to close in the green with 0.52% and 0.45% gains respectively. Apart from the marginal 0.6% gains in Thailand, most other markets closed in the red. Following the global trend, markets in the Asia-Pacific ended lower on Tuesday as Apple Inc. declared potential problems with meeting its quarterly revenue forecast.

APAC markets Feb 17-21st 2020
Australia and APAC markets Feb 17th - 21st 2020

However, most markets bounced back on Wednesday as investors took heart from China’s attempts to return to production and control the potential impact of the epidemic on its economy. While the investors would have continued their optimistic sentiment into Thursday as well, news about an increase in the number of Covid-19 cases in Japan and South Korea dampened the mood. The markets remained mixed. On Friday, most markets closed lower as China voiced its concerns about the epidemic spreading beyond China and disrupt the world economy.

Heading into next week…

As Covid-19 continues to be the central theme of markets around the world, promising economic data can help inject the required optimism in the markets. With Apple Inc. acknowledging the impact of the epidemic on its supply chains, investors should keep a close eye on any similar announcements from major companies in the manufacturing sector along with any developments and updates on Covid-19.

Disclaimer

The materials and data contained herein are for information only and shall in no event be construed as an offer to purchase or sell or the solicitation of an offer to purchase or sell any securities in any jurisdiction. Kristal Advisors does not make any representation, undertaking, warranty or guarantee as to the update, completeness, correctness, reliability or accuracy of the materials and data herein. All opinions, forecasts or estimation expressed herein are subject to change without prior notice. Kristal Advisors and its affiliates accept no liability or responsibility whatsoever for any direct or consequential loss and/or damages arising out of or in relation to any use of opinions, forecasts, materials and data contained herein or otherwise arising in connection therewith.

Post tagged under

Other stories you might like

cross
Change your country to India?

You’re now visiting Kristal.AI Worldwide.
To explore diverse offerings in Indian and global products, select India as your country.

ind

India

hkg

Hong Kong

sgp

Singapore

global

Other
Accredited Investor Declaration

This is offered only to Accredited and Institutional Investors as defined under the Securities and Futures Act, Chapter 289 of Singapore (“Act”), which broadly comprises of regulated financial Institutions, large corporates, high net worth individuals and sophisticated investors.

An Accredited Investor is an individual
  • Whose net personal assets exceed in value SGD 2 million (or it’s equivalent in a foreign currency) with value of his/her primary residence capped at SGD 1 million, or
  • Whose financial assets (net of any related liabilities) exceed in value SGD 1 million (or it’s equivalent in a foreign currency), or
  • Whose income in the preceding 12 months is not less than SGD 300,000 (or it’s equivalent in a foreign currency)

I agree to opt-in as Accredited Investor and will submit required documentation to confirm the same.

< Back Proceed as Private Wealth

Wealth Management Solutions
Accredited Investor Declaration

This is offered only to Accredited and Institutional Investors as defined under the Securities and Futures Act, Chapter 289 of Singapore (“Act”), which broadly comprises of regulated financial Institutions, large corporates, high net worth individuals and sophisticated investors.

An Accredited Investor is an individual
  • Whose net personal assets exceed in value SGD 2 million (or it’s equivalent in a foreign currency) with value of his/her primary residence capped at SGD 1 million, or
  • Whose financial assets (net of any related liabilities) exceed in value SGD 1 million (or it’s equivalent in a foreign currency), or
  • Whose income in the preceding 12 months is not less than SGD 300,000 (or it’s equivalent in a foreign currency)

I agree to opt-in as Accredited Investor and will submit required documentation to confirm the same.

Proceed as Private Wealth

STOCKS

Seamless investing enabled by easy and instant access to a wide range of cross border stocks of acclaimed and high potential companies, handpicked by our expert investment committee.

For investors who desire enhanced returns while co-owning shares of global companies.

*The range of stocks will be made accessible, post login

OVERVIEW

Only the best

A range top performing and high potential stocks carefully selected by our seasoned investment committee

Instant Access

Wide range of global stocks made easily accessible with a single click

Diversity

Companies from varied sectors and fields made available for investment enabling clients to diversify investments and effectively mitigate risks

Innovative

High potential companies leading with disruptive technologies made available to clients enabling them to future proof their investments

THEMATIC STRATEGIES

Enabling clients to invest in trending themes like FAMANGThe FAMANG Kristal invests in Facebook, Apple, Amazon, Netflix and Alphabet’s Google stocks. Assets are carefully chosen by an algorithm in order to deliver a superior returns based on past performance. The strategy is rebalanced every quarter., TECHGlobal Technology ETFs is a genetic algorithmic strategy focussed specifically on the Technology sector., ESGProvides exposure to higher rated environmental, social, and governance (ESG) companies while accessing large- and mid-cap stocks in Europe, Australia, Asia and the Far East., etc. with a single click or just create your own thematic basket.

Future-proof your portfolio and capture emerging investment themes.

*The range of Thematic Strategies will be made accessible, post login

OVERVIEW

Explore and Identify

Select from a range of expertly designed trending and diverse themes

Efficient Execution

Enabling easy exposure to your preferred themes without the hassle and costs of individual security selection and execution

Only the Best

A ready-made collection of Kristals that derive the best of the specific asset class or theme

Unique Mix

An optimised blend of ETFs and individual counters, enhancing efficiency and profitability

Contact our Relationship Manager
ALTERNATIVE INVESTMENTS

Diversify your portfolio with exclusive Private Equity, Pre-IPO deals, VC Funds & other investments like Bitcoin, Gold, Hedge Funds and many more.

Kristal fractionalizes difficult-to-access deals and opportunities.

View Alternative Investments

OVERVIEW

Instant Access

A wide range of alternative asset classes such as Gold, Bitcoins, Hedge Funds and many more; readily made available

Risk Management

Enables investments in diversified assets hence spreading the risk

Easy Tracking

Enables you to get a consolidated view of investments in all assets at one place, hence facilitating easy monitoring and tracking

Exclusive Deals

Access to exclusive Venture Capitalist, Startup as well as pre-IPO investment opportunities

Low Investment Tickets

Facilitates fractionalization of investments in deals

Contact our Relationship Manager
FUNDS PLATFORM

Professionally managed funds with active investment strategies, screened for you by our investment committee to diversify your portfolio.

Enabling clients to access exclusive investment strategies.

View Funds

View Funds

OVERVIEW

Access

Provides Access to Professional Fund Managers

Low Investment Tickets

Facilitates fractionalization of investments in funds

Diversity

A wide spectrum of investment strategies ranging from Arbitrage to Credit to Hedge Funds and many more

Fees

No additional costs are charged by Kristal.AI

Exceptional Performance

Funds with an impressive track record and potential for high profitability

Leverage

Benefits from insights of the expert selection and advisory team

Easy Management

No time consuming management of portfolios

Contact our Relationship Manager
TAILOR-MADE PRODUCTS

Customize products based on your market outlook and specific needs across equities, bonds, gold and more.

For investors looking to enhance portfolio yield based on market views.

*The range of Tailor Made Products will be made accessible, post login

OVERVIEW

Enhanced Earnings

Structures with potential to enhance portfolio yield based on market movements

Customization

Product features can be designed to articulate investor views

Fees

A flat and transparent fee structure like nowhere else

One-Click Access

A single feature ‘Ideas’ enables you to access recently launched and trending market opportunities

Contact our Relationship Manager
BUILD YOUR OWN KRISTAL

Can’t find what you are looking for? Create your own exclusive investment strategy with risk management & periodic reporting.

For seasoned investors who prefer to design their own portfolio.

OVERVIEW

Empowered Investing

Enables clients to create their own custom portfolio based on their unique needs

Unlimited Choice

Access to all possible exchange traded assets

Flexible Management

Flexibility in delegating the portfolio management role to us or actively taking up the day to day investment decisions, in your custom Kristal

Custom Fee Structure

A simple, transparent and a customized fee structure

Access to Expertise

Custom performance reporting as well as advisory support

Contact our Relationship Manager