Tuesday, 19 February 2019

Markets rise but remain “risky”

Markets rose on Monday.

The STOXX Europe 600 rose 0.2 percent, the Nikkei 225 jumped 1.8 percent and the Shanghai Composite surged 2.7 percent. The US stock market was closed for a holiday.

Despite the recent gains, Mark Jolley, global strategist at CCB International Securities, said that the ongoing volatility reflects uncertainty and that the markets are “risky”.

Similarly, Michael Hewson, chief market analyst at CMC Markets, thinks that investors remain “reluctant to pile back in en masse”.

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