WEEKLY TOP GAINERS / LOSERS: 29.03.2018 | IFCM India
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WEEKLY TOP GAINERS / LOSERS: 29.03.2018

29/3/2018

Top Gainers – The World Market

1. CHINA UNICOM – Chinese telecom giant announced a 177% increase in net profit for 2017.

2. Independence Group NL – stock prices of the Australian producer of gold and non-ferrous metals increased amid a positive assessment of its business by Goldman Sachs Bank.

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Top Losers – The World Market

1. Twitter – stock prices of this social network dropped amid the investigation of personal information leak from Facebook. An additional negative was the decrease in recommendations on Twitter stocks by a large investment company Citron Research.

2. Tesla Motors – shares of this company continue to fall amid the reports by the US authorities on the start of the fatal crash investigation of the Model X car in California.

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Top Gainers – Foreign Exchange Market (Forex)

1. EURAUD - growth of the currency pair is due to the weakening of the Australian dollar against the background of a decline in world copper and iron ore prices.

2. USDNOK – emerging strengthening of the US dollar with the simultaneous weakening of the Norwegian krone amid the correction of oil prices.

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Top Losers - Foreign Exchange Market (Forex)

1. AUDUSD, AUDJPY - weakening of the Australian dollar against the yen and other world currencies amid the decrease in copper and iron ore prices. An additional negative factor may be the US decision to restrict steel and aluminum imports. This may worsen the state of the Australian economy.

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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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