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Weekly Top Gainers/Losers: Alibaba and Euro
Top Gainers – The World Market
The Alibaba online store stocks rallied after its founder Jack Ma returned to work. World prices for oil, metals and commodities remain high. This supports the quotes of some commodity currencies such as the Canadian dollar, the South African rand and the Mexican peso. The euro fell slightly before the regular ECB meeting.
1.Alibaba Group Ltd, 17,6% – Chinese online store
2. Sharp Corp, 17,7% – Japanese electronics manufacturer
Top Losers – The World Market
1. Xerox Corp – American manufacturer of office and medical equipment
2. Alcoa Corp. – American aluminum producer
Top Gainers – Foreign Exchange Market (Forex)
1. GBPSEK, USDSEK - the growth of these charts means the weakening of the Swedish krona against the British pound and the US dollar.
2. CADCHF, USDPLN - the growth of these charts means the strengthening of the US dollar against the Polish zloty and the strengthening of the Canadian dollar against the Swiss franc.
Top Losers– Foreign Exchange Market (Forex)
1. EURZAR, USDZAR - the drop of these charts means the weakening of the euro and the US dollar against the South African rand.
2. EURMXN, EURCAD - the drop of these charts means the weakening of the euro against the Mexican peso and the Canadian dollar.
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