TOP GAINERS and LOSERS WITHIN 7 DAYS | IFCM Hong Kong
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TOP GAINERS and LOSERS WITHIN 7 DAYS

21/3/2018

Within 7 days from 14-03-2018 to 21-03-2018 top gainers were the stocks of various companies, as well as personal composite instruments created with oil. Within the past 7 days, oil prices have increased by 5% and reached a six-week record high. This was contributed by the unexpected decrease in the US oil reserves, the reduction in oil production in Venezuela, as well as the plans of Donald Trump to terminate the “nuclear deal” of 2015 with Iran. In this case, oil production in Iran may decrease by 250-500 thousand barrels per day. Among shares, the German sportswear manufacturer Adidas was the top gainer amid the plans to buy back its stocks. CFDs on oats and the stocks of electric vehicle manufacturer Tesla motors were the top losers within a week. Oat prices are falling along with other cereals and beef prices. It is used in combined feed for farm animals. Stock prices fell after the CNBC channel reported a large number of problems in electric vehicles. On the Foreign Exchange market, the weakening of the Australian dollar, the New Zealand dollar and the euro can be noted. The US dollar and the British pound were the top gainers on the Forex market within a week. The US dollar increased before the next Fed meeting, during which a rate hike is expected.

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Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.


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