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Tactical Stance


Still under pressure from various vectors trading wars, currency wars, brexit money and etc.

Strategic Stance


Weaker dollar is the moto for long term gains


Tockenising Midlincoln Crafts

This section contains links to materials about Midlincoln Rural Crafts Initiatives

Midlincoln is testing rural co-working model as its core business. Half of the co-working space is dedicated to investment analytics service and half of the space is industrial, creative environment with machines and tools which can be used in product development and small scale production.

Investing into Midlincoln Craft fund tokens is a comprehensive investment into all of the portfolio companies and funds. But each of the mentioned companies and funds are also accessible for investment directly also via tokens. Each of the portfolio company or a fund can be considered as a standalone franchise and Stoken could provide security token investment for qualified investors in any of them.

Midlincoln Research
Financials

Investment Research

View Midlincoln Research One Pager

Mount Maple
Souvenirs
Cons. Cyclicals

Consumer Cyclicals

View the souvenir producer one pager

Midlincoln
Craft Fund

Midlincoln Craft Fund

View Midlincoln Craft Fund Description

TamaraAvia
Automotive

Engineering

View intro for this automotive producer

Wrestling, Healthcare and
Entertainment

ITI RTS ETF Report

Read about wrestling craft business

Village Telecoms
and Media

Telecoms

Coming up and not ready yet

Small Scale
Energy

Energy

Coming up and not ready yet

Small Scale
Materials

Materials

Coming up and not ready yet

Verical Agri
and Food Production

Consumer Staples

Coming up and not ready yet

Heating, Water, Electrics
Installation and Repair

Utilities

Coming up and not ready yet

Home Electronics
Repair

technology

Coming up and not ready yet

Markets last Month From Best to Worst
Click On the Country Link to Go to Country Monthly Page

*Not All the Countries Have Associated Country Pages
nameMonthChange
KENYA17.70
RUSSIA10.29
HUNGARY10.18
COLOMBIA9.54
IRELAND8.60
TAIWAN8.51
AUSTRIA8.31
GREECE7.98
BRAZIL7.84
SWEDEN7.76
GERMANY6.92
DENMARK6.64
KAZAKHSTAN6.30
POLAND6.24
HONG KONG5.81
ITALY5.78
SINGAPORE5.72
PAKISTAN5.70
KOREA5.55
MEXICO5.03
PORTUGAL4.87
CHINA4.80
JAPAN4.80
PHILIPPINES4.75
PERU4.61
LITHUANIA4.46
ISRAEL4.33
SLOVENIA4.32
FRANCE4.29
INDIA4.18
CZECH REPUBLIC4.06
EGYPT3.81
UNITED KINGDOM3.29
SOUTH AFRICA3.28
BOSNIA AND HERZEGOVINA3.06
USA3.05
SERBIA3.03
ESTONIA3.00
FM AFRICA2.63
TRINIDAD AND TOBAGO2.63
ROMANIA2.57
CROATIA2.54
VIETNAM2.51
NEW ZEALAND2.46
SPAIN2.42
INDONESIA2.42
SRI LANKA2.28
SWITZERLAND2.21
NETHERLANDS2.00
MAURITIUS1.88
BULGARIA1.75
MOROCCO1.46
TUNISIA1.17
KUWAIT1.11
MALAYSIA0.92
NORWAY0.70
BAHRAIN0.45
FINLAND0.37
CANADA0.34
JORDAN0.34
OMAN0.22
UNITED ARAB EMIRATES0.01
UKRAINE-0.32
QATAR DOMESTIC-0.81
QATAR-1.88
THAILAND-2.20
SAUDI ARABIA DOMESTIC-4.38
BELGIUM-4.73
ARGENTINA-4.87
BOTSWANA-6.13
BANGLADESH-6.38
CHILE-6.97
JAMAICA-8.06
NIGERIA-8.22
TURKEY-8.37
LEBANON-8.84
ZIMBABWE-93.99

Markets YTD From Best to Worst
Click On the Country Link to Go to Country Monthly Page

nameYTD Change
EGYPT37.28
RUSSIA35.41
KENYA35.11
GREECE34.37
BAHRAIN33.16
ROMANIA25.52
IRELAND23.85
SWITZERLAND22.94
NETHERLANDS22.66
USA22.48
JAMAICA22.10
COLOMBIA21.89
TAIWAN21.30
ITALY20.63
CANADA19.78
DENMARK19.06
LITHUANIA18.68
FRANCE18.36
NEW ZEALAND17.97
KUWAIT17.17
BRAZIL16.58
PORTUGAL15.15
VIETNAM14.93
GERMANY14.62
KAZAKHSTAN14.35
JAPAN14.16
BELGIUM14.01
SWEDEN12.57
CROATIA11.89
PHILIPPINES11.28
AUSTRIA11.14
CHINA10.56
UNITED KINGDOM9.21
SINGAPORE8.97
MEXICO7.70
SPAIN6.42
SLOVENIA6.26
HONG KONG5.94
THAILAND5.50
ISRAEL5.26
INDIA4.92
HUNGARY4.90
KOREA3.88
FINLAND3.84
NORWAY3.72
MAURITIUS3.45
BOSNIA AND HERZEGOVINA2.90
INDONESIA2.35
MOROCCO1.39
PERU0.79
UNITED ARAB EMIRATES0.76
TUNISIA-0.16
OMAN-0.82
FM AFRICA-1.01
TURKEY-1.09
SOUTH AFRICA-1.55
SAUDI ARABIA DOMESTIC-2.13
ESTONIA-3.12
SRI LANKA-3.45
CZECH REPUBLIC-3.92
JORDAN-5.51
POLAND-6.24
MALAYSIA-6.64
QATAR DOMESTIC-7.10
QATAR-8.34
BULGARIA-10.68
TRINIDAD AND TOBAGO-11.42
SERBIA-11.50
BANGLADESH-11.85
PAKISTAN-14.40
UKRAINE-16.06
CHILE-16.85
LEBANON-27.64
NIGERIA-28.77
ARGENTINA-35.90
BOTSWANA-57.99
ZIMBABWE-92.08

Best 15 Market Last 12 Months

CountryChangePct
JAMAICA33.42
EGYPT32.34
RUSSIA28.64
KENYA28.39
GREECE28.27
BAHRAIN25.79
PHILIPPINES18.27
TAIWAN18.25
KUWAIT17.73
DENMARK16.52
SWITZERLAND16.29
NEW ZEALAND15.93
ITALY15.79
NETHERLANDS15.61
INDIA15.26

Worst 15 Market Last 12 Months

CountryChangePct
BOSNIA AND HERZEGOVINA-1.61
OMAN-2.15
FINLAND-2.23
SAUDI ARABIA DOMESTIC-3.41
PERU-3.52
UNITED ARAB EMIRATES-4.65
TUNISIA-6.05
MALAYSIA-6.42
JORDAN-6.45
AUSTRIA-6.51
CZECH REPUBLIC-6.56
SRI LANKA-6.99
QATAR-7.01
ISRAEL-7.89
SERBIA-8.15

Country USD Yields and YTD Changes

countryYieldYieldChange
Argentina21.4311.37
Lebanon18.767.58
Jamaica13.334.97
Israel6.440.40
Kazakhstan7.320.18
Zambia12.480.15
Venezuela0.000.00
United States5.56-1.11
Oman5.27-1.22
United Arab Emirates3.85-1.45
Angola7.58-1.48
Malaysia3.10-1.57
Philippines2.81-1.58
Korea (South)2.83-1.60
Saudi Arabia4.38-1.62
Chile3.97-1.63
Costa Rica6.30-1.63
Uruguay3.32-1.65
Kuwait3.02-1.65
Peru3.63-1.68
Poland2.17-1.69
Panama3.68-1.71
Hong Kong3.48-1.74
Qatar2.92-1.74
Thailand2.88-1.74
South Africa4.94-1.75
Jordan5.71-1.77
Dominican Republic4.62-1.81
Morocco3.31-1.81
Guatemala3.89-1.81
Ecuador8.89-1.82
Hungary2.61-1.86
Romania3.13-1.86
Indonesia3.57-1.91
Vietnam2.83-1.94
India4.90-1.94
Trinidad and Tobago3.70-1.95
Mexico4.32-1.98
Canada4.76-1.98
Colombia3.68-2.00
Singapore3.22-2.01
Nigeria6.69-2.03
Egypt6.07-2.06
Croatia (Hrvatska)2.28-2.11
Azerbaijan3.65-2.12
Luxembourg6.65-2.12
Pakistan6.24-2.14
Senegal6.04-2.18
Brazil3.96-2.20
El Salvador6.03-2.29
Cote D'Ivoire (Ivory Coast)5.89-2.35
Bahrain4.66-2.38
Ghana6.76-2.43
Turkey6.54-2.44
Sri Lanka6.28-2.57
Russian Federation3.67-2.63
China5.02-2.64
Kenya6.35-2.73
United Kingdom3.35-2.74
Australia3.55-2.80
Netherlands3.21-2.92
Ireland2.79-3.23
Ukraine6.24-3.96

Fund flows YTD

FocusObjectiveAsset ClassFlow USD mn
SizeLARGE-CAPEquity26852.33
CommoditiesPRECIOUS METALSCommodity15937.91
regionASIAN PACIFIC REGION EX JAPANMixed Allocation13084.19
CommoditiesPRECIOUS METALSMixed Allocation7550.31
industryUTILITIES SECTOREquity7371.39
countryUNITED KINGDOMEquity4952.80
regionASIAN PACIFIC REGION EX JAPANFixed Income2411.41
regionASIAN PACIFIC REGIONFixed Income2181.13
RiskGOVERNMENT BONDFixed Income1817.06
segmentEMERGING MARKETSEquity1568.88
regionEUROPEAN REGIONMixed Allocation1499.10
SizeMID-CAPEquity1295.89
SizeSMALL-CAPEquity852.74
countryJAPANFixed Income736.16
industryCOMMUNICATIONS SECTOREquity521.88
countryBRAZILEquity372.22
CommoditiesPRECIOUS METAL SECTOREquity282.40
countryAUSTRALIAFixed Income224.61
industryREAL ESTATE SECTOREquity163.02
regionNORTH AMERICAN REGIONFixed Income125.07
countryKOREAEquity100.08
regionEASTERN EUROPEAN REGIONFixed Income96.68
segmentGCCMixed Allocation70.19
segmentGCCFixed Income69.81
segmentMENAFixed Income59.76
countryPOLANDEquity23.37
RiskGOVERNMENT BONDMixed Allocation18.12
SizeMID-CAPCommodity4.15
industryMULTIPLE SECTOREquity0.33
SectorAGRICULTUREEquity0.00
RiskGOVERNMENT BONDEquity-0.22
industryENERGY SECTORMixed Allocation-0.91
countryAUSTRALIAMixed Allocation-2.11
CountryEGYPTEquity-4.28
RiskLONG SHORTMixed Allocation-4.56
regionEASTERN EUROPEAN REGIONMixed Allocation-5.33
segmentEMEAFixed Income-18.28
countryISRAELEquity-22.42
RiskGOVERNMENT BONDAlternative-24.88
segmentGCCEquity-28.86
RiskINFLATION PROTECTEDBrazil-34.69
countryJAPANMixed Allocation-39.64
segmentMENAEquity-40.35
regionMIDDLE EAST REGIONFixed Income-42.63
segmentEMEAEquity-86.24
countrySOUTH AFRICAEquity-86.68
countryRUSSIAFixed Income-100.01
industryINDUSTRIAL SECTOREquity-122.21
regionAFRICAN REGIONEquity-139.96
countryCHINAFixed Income-146.56
countryINDIAFixed Income-159.97
segmentBRICFixed Income-188.03
regionMIDDLE EAST REGIONEquity-207.13
SectorAGRICULTURECommodity-235.07
CommoditiesINDUSTRIAL METALSCommodity-237.66
SectorCONSUMER DISCRETIONARYEquity-257.20
RiskLONG SHORTFixed Income-261.72
countryTURKEYEquity-273.16
industryHEALTH CARE SECTOREquity-294.26
countryAUSTRALIAEquity-345.50
industryENERGY SECTOREquity-409.85
regionLATIN AMERICAN REGIONFixed Income-427.96
regionEASTERN EUROPEAN REGIONEquity-682.77
regionLATIN AMERICAN REGIONEquity-738.80
segmentBRICEquity-755.73
countryBRAZILFixed Income-792.62
countrySPAINEquity-828.50
CountryTAIWANEquity-1060.93
SectorCONSUMER STAPLESEquity-1678.28
regionNORTH AMERICAN REGIONEquity-1793.18
countryRUSSIAEquity-2101.84
countryINDIAEquity-2398.54
RiskLONG SHORTEquity-2603.05
industryNATURAL RESOURCES SECTOREquity-2657.81
RiskINFLATION PROTECTEDFixed Income-2810.84
regionNORDIC REGIONEquity-2928.59
industryFINANCIAL SECTOREquity-2950.01
industryBASIC MATERIALS SECTOREquity-3690.22
segmentDEVELOPED MARKETSEquity-3754.52
industryTECHNOLOGY SECTOREquity-4027.28
regionASIAN PACIFIC REGIONMixed Allocation-4387.62
RiskLONG SHORTAlternative-4538.60
regionEUROPEAN REGIONFixed Income-5315.72
regionASIAN PACIFIC REGION EX JAPANEquity-6543.56
regionASIAN PACIFIC REGIONEquity-6578.06
countryCHINAEquity-7654.95
countryJAPANEquity-10925.86
regionEUROPEAN REGIONEquity-26887.97

Commodities Monthly Performance

NameUnitsLastPriceCurrencyMonthChange USDpct
Coffee 'C' (ICE)USd/lb.1.101USD15.05
Rubber (Tokyo)JPY/kg180.60JPY13.94
Natural Gas (Nymex)USD/MMBtu2.59USD13.10
Live Cattle (CME)USd/lb.1.2518USD12.93
Lean Hogs (CME)USd/lb.0.7487999999999999USD11.10
WTI Crude Oil (Nymex)USD/bbl.57.31USD9.12
Crude Oil (Tokyo)JPY/kl38930.00JPY8.65
Cocoa (ICE)USD/MT2658.00USD8.58
Cotton #2 (ICE)USd/lb.0.6639USD8.55
ECX Emissions (ICE)EUR/MT24.29USD7.81
3Mo Zinc (LME)USD/MT2472.00USD7.57
Brent Crude (ICE)USD/bbl.62.50USD7.52
Oats (CBOT)USd/bu.3.0525USD7.20
Lumber (CME)USD/1000 board feet386.40USD6.74
Kerosene (Tokyo)JPY/kl55530.00JPY4.99
Feeder Cattle (CME)USd/lb.1.4628USD3.56
RBOB Gasoline (Nymex)USd/gal.1.6354USD3.51
3Mo Copper (LME)USD/MT5869.00USD3.41
Sugar #11 (ICE)USd/lb.0.1283USD2.97
Palladium SpotUSD/t oz.1720.22USD2.88
Soybean Oil (CBOT)USd/lb.0.3069USD2.61
Copper (Comex)USd/lb.2.6365USD2.57
SteelUSD/MT417USD2.46
Wheat (CBOT)USd/bu.5.1125USD2.05
3Mo Aluminum (LME)USD/MT1778.00USD1.51
Heating Oil (Nymex)USd/gal.1.9117USD0.28
Rough Rice (CBOT)USD/cwt11.92USD0.17
3Mo Tin (LME)USD/MT16340.00USD-0.34
Gasoil (Nymex)USD/MT577.00USD-0.47
Soybean (CBOT)USd/bu.9.155USD-0.73
Canola (ICE)CAD/MT461.10CAD-0.90
Cocking CoalCNY/MT1247CNY-1.03
Gold (Tokyo)JPY/g5108.00JPY-1.29
Gold/Japanese Yen SpotJPY/t oz.159187.63JPY-1.30
Soybean Meal (CBOT)USD/T.303.30USD-1.33
Ethanol (CBOT)USD/gal.1.42USD-1.39
Gold/Indian Rupee SpotINR/t oz.105564.19INR-1.46
Platinum SpotUSD/t oz.874.19USD-1.99
Orange Juice (ICE)USd/lb.0.998USD-2.44
Gold SpotUSD/t oz.1464.01USD-2.73
Gold (Comex)USD/t oz.1463.60USD-3.10
Gold/Euro SpotEUR/t oz.1329.91EUR-3.12
Silver/Japanese Yen SpotJPY/t oz.1837.19JPY-3.37
Silver (Tokyo)JPY/g59.00JPY-3.59
Silver SpotUSD/t oz.16.90USD-4.74
Corn (CBOT)USd/bu.3.76USD-4.93
Silver/Euro SpotEUR/t oz.15.35EUR-5.13
Silver (Comex)USD/t oz.16.85USD-5.18
Gold/British Pound SpotGBP/t oz.1140.74GBP-7.42
Silver/British Pound SpotGBP/t oz.13.17GBP-9.36
NickelUSD/MT15490USD-11.76

Commodities YTD Performance

NameUnitsLastPriceCurrencyYTDChange USDpct
NickelUSD/MT15490USD40.63
Palladium SpotUSD/t oz.1720.22USD37.08
WTI Crude Oil (Nymex)USD/bbl.57.31USD34.18
RBOB Gasoline (Nymex)USd/gal.1.6354USD30.88
Brent Crude (ICE)USD/bbl.62.50USD24.45
Lean Hogs (CME)USd/lb.0.7487999999999999USD24.18
Gold/Euro SpotEUR/t oz.1329.91EUR19.11
Silver/Euro SpotEUR/t oz.15.35EUR18.53
Gasoil (Nymex)USD/MT577.00USD18.48
Gold/Indian Rupee SpotINR/t oz.105564.19INR18.47
Heating Oil (Nymex)USd/gal.1.9117USD15.49
Crude Oil (Tokyo)JPY/kl38930.00JPY15.08
Gold SpotUSD/t oz.1464.01USD14.98
Cocoa (ICE)USD/MT2658.00USD14.82
Gold (Comex)USD/t oz.1463.60USD14.70
Lumber (CME)USD/1000 board feet386.40USD14.18
Gold/British Pound SpotGBP/t oz.1140.74GBP13.81
Silver SpotUSD/t oz.16.90USD13.80
Rough Rice (CBOT)USD/cwt11.92USD13.52
Gold (Tokyo)JPY/g5108.00JPY13.21
Gold/Japanese Yen SpotJPY/t oz.159187.63JPY13.15
Silver (Comex)USD/t oz.16.85USD12.94
Silver/British Pound SpotGBP/t oz.13.17GBP12.66
Silver (Tokyo)JPY/g59.00JPY12.60
Silver/Japanese Yen SpotJPY/t oz.1837.19JPY11.95
Ethanol (CBOT)USD/gal.1.42USD11.81
Kerosene (Tokyo)JPY/kl55530.00JPY11.62
Oats (CBOT)USd/bu.3.0525USD10.70
Platinum SpotUSD/t oz.874.19USD10.17
Soybean Oil (CBOT)USd/lb.0.3069USD9.49
Coffee 'C' (ICE)USd/lb.1.101USD7.73
Rubber (Tokyo)JPY/kg180.60JPY7.56
Sugar #11 (ICE)USd/lb.0.1283USD3.47
Soybean (CBOT)USd/bu.9.155USD2.06
Live Cattle (CME)USd/lb.1.2518USD1.95
Feeder Cattle (CME)USd/lb.1.4628USD0.50
3Mo Zinc (LME)USD/MT2472.00USD-0.08
Corn (CBOT)USd/bu.3.76USD-0.46
Copper (Comex)USd/lb.2.6365USD-0.66
Wheat (CBOT)USd/bu.5.1125USD-1.02
3Mo Copper (LME)USD/MT5869.00USD-1.45
Soybean Meal (CBOT)USD/T.303.30USD-2.73
ECX Emissions (ICE)EUR/MT24.29USD-3.53
Canola (ICE)CAD/MT461.10CAD-4.63
3Mo Aluminum (LME)USD/MT1778.00USD-6.08
Cotton #2 (ICE)USd/lb.0.6639USD-8.49
SteelUSD/MT417USD-10.32
Cocking CoalCNY/MT1247CNY-10.99
3Mo Tin (LME)USD/MT16340.00USD-15.66
Orange Juice (ICE)USd/lb.0.998USD-22.00
Natural Gas (Nymex)USD/MMBtu2.59USD-27.25
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Strategy

Chart: November Strategy

Source:

Download All Slides in Power Point
  • ETFs in Focus on Upbeat November Housing Starts Update
  • Equities drive strong inflows for EMEA-listed ETPs in November
  • SAIL reworks marketing strategy to draw high volume sales in November
  • 3 Stocks to Bank on November's Strong Manufacturing Output
  • Buy-And-Hold Vs. Rotational Strategy: Tracking Sentiment Strategy Results (November 2019)
  • Enerpac Tool Group Reports First Quarter 2020 Results
  • Study Finds That Employee Engagement Correlates with Time of Year
  • Steam Winter Sale heralded by November Top Releases: Gundam, GoT, Star Wars

    Key Topics and News

    Market Levels Unsustainable
    Global growth levels lackluster
    Global financial sector to shrink with low yields
    Dollar is not popular but why so low US yields?
    Difficult times for China with Trump

    Recent Strategy Chart Art

    November Strategy

    Download file in Power Point
    Midlincoln October Strategy

    Download file in Power Point
    Midlincoln Strategy

    Download file in Power Point
    Midlincoln Strategy - Countries First

    Download file in Power Point
    Strategy , Emerging Markets Catching Up

    Download file in Power Point
    Key Equity Performance Summary

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    Performance Summary By Country

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    Tactical and Strategic Stance Explained

    Download file in Power Point
    Russia was the best market YTD Botswana is the worst

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    Average Sovereign GEM Yields (USD)

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    Average Sov. Dev. Markets Yields (blended currency)

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    Average UST Yield

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    Average Sovereign Local Currency Yields (USD)

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    Choose A Country

    ARGENTINA: EMERGING MARKETS-Brazil, Argentine stocks lead Latam equities higher


    AUSTRALIA: AllianceBernstein Pioneers 'Green-Alpha' in Australia


    AUSTRIA: Looking Beyond the US as an Investment Destination


    BAHRAIN: SICO named issue execution advisor, receiving agent, and allotment agent in national bank of Bahrain acquisition of Bahrain Islamic Bank


    BELGIUM: Belgium Wealth Management Market- Detailed Insight into Retail ...


    BRAZIL: Foreign investors rush out of Brazilian equities


    BRITAIN: UK Stocks-Factors to watch on Dec. 17


    CANADA: Outlook 2020: Here's where the experts think the TSX will end up one year from now


    CHILE: EMERGING MARKETS-Brazil, Argentine stocks lead Latam equities higher


    CHINA: China stocks snap 3-day winning streak amid trade deal caution


    COLOMBIA: BlackRock Turns to Chile, Colombia as Brazil Gets More Expensive


    CZECH: Czech Republic - Factors To Watch on Dec 19


    DENMARK: Younger Danes turning away from equities


    EGYPT: MIDEAST STOCKS-Financials elevate most of Gulf, Egypt up again


    FINLAND: ?Varma invests €500m in US equities via new co-developed ESG ETF


    FRANCE: French and Benelux stocks-Factors to watch


    GERMANY: European Equities: The Brexit Bill and German Business Sentiment in Focus


    GREECE: Greek Stocks for Once Are World-Beaters


    HONG KONG: Breakingviews - Investors will rue their Hong Kong risk appetite


    HUNGARY: Stocks Near Record Highs, Sweden Ends Negative Rates


    INDIA: India Equities Drop as Investors Weigh Risk of Slowing Growth


    INDONESIA: Indonesian Stocks Expected to Hit Record in 2020: JPMorgan, Morgan Stanley


    IRELAND: Irish shares hit 12-year high on ‘Boris bounce’


    ISRAEL: Tech giants and central banks ruled equity markets in the 2010s - will they reign in the 2020s?


    ITALY: Italy - Factors to watch on Dec. 19


    JAPAN: Japan shares edge lower on lacklustre export data, profit-taking


    KAZAKHSTAN: KAZ Minerals (LON:KAZ) PT Raised to GBX 685 at JPMorgan Chase & Co.


    LEBANON: 4 Steps to Choosing Your 401(k) Investments When You're Clueless


    MALAYSIA: Trading on Bursa Malaysia halted at 4.45pm, CI down 0.19pc


    MEXICO: EMERGING MARKETS-Brazil, Argentine stocks lead Latam equities higher


    NETHERLANDS: Interest for Indian equities rising among Norway, Canada, Dutch funds


    NEW ZEALAND: Don’t Expect Another Roaring Year for Asia-Pacific Stock Darling


    NIGERIA: “Investor value might take time to be realised” – Nigeria equities wrap


    NORWAY: Interest for Indian equities rising among Norway, Canada, Dutch funds


    OMAN: Oman India fund, former Warburg exec's firm bet on Prince Pipes as ...


    PAKISTAN: Closing Rates of Pakistan Stock Exchange


    PERU: EMERGING MARKETS-Brazil, Argentine stocks lead Latam equities higher


    PHILIPPINES: SE Asia Stocks-Thai leads gains; Philippines drops on prospects of rate cut


    POLAND: Poland-Factors to watch on April 12


    PORTUGAL: European Equities: Geopolitics and U.S Stats to Influence


    QATAR: Qatar shares edge down as foreign funds continue to be net sellers


    QATAR: Qatar shares edge down as foreign funds continue to be net sellers


    ROMANIA: Romania – Factors to watch on April 12


    RUSSIA: Russian Equities - The Ultimate Value Investing Market


    SINGAPORE: Singapore shares rise 0.3% on Wednesday amid mixed markets


    SOUTH AFRICA: Most Fund Managers Since 2011 See South Africa Equities as Cheap


    SOUTH KOREA: JP Morgan says stocks in South Korea and India could 'surprise' investors in 2020


    SPAIN: On the road… green goals and uncertain ambitions in Spain


    SWEDEN: Stocks near record highs, Sweden ends negative rates


    SWITZERLAND: Judging the vintage of Swiss fourth quarter results


    TAIWAN: Taiwan’s Stock Benchmark Hits 12,000 for the First Time Since 1990


    THAILAND: SE Asia Stocks-Most markets end higher; Thailand lifted by telecom shares


    TURKEY: Old Fears May Haunt Turkish Market After ‘Complacent’ Year


    UAE: UPDATED - NMC dismisses Muddy Waters report as “baseless"


    UKRAINE: Rouble marginally up ahead of Russia-Ukraine peace summit


    UNITED STATES: US Equities Update: Investors Continue To Cheer Economic News


    VIETNAM: Vietnamese Stocks Get Cheaper, But There Aren’t Many to Trade


    Comment

    Monthly performance is between 2019-11-01 and 2019-09-30

    Best global markets YTD USA +22.48%, EUROPE +14.99%, EM LATIN AMERICA +9.99%,

    While worst global markets YTD FM (FRONTIER MARKETS) 8.28%, EM (EMERGING MARKETS) 8.61%, EFM ASIA 9.13%,

    Best global markets last month EM LATIN AMERICA +5.83%, EFM ASIA +4.96%, EM (EMERGING MARKETS) +4.81%,

    While worst global markets last month FM (FRONTIER MARKETS) 1.56%, USA 3.05%, EUROPE 3.91%,
  • U.S. Stocks Finish Little Changed
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  • MSCI to boost Kuwait equities with 2020 emerging markets upgrade
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  • MSCI to upgrade Kuwait indexes to emerging market status in 2020
  • Is This Why China’s Stock Market Is Up So Much In 2019?
  • China stocks drop on profit-taking; markets await trade clarity
  • China stocks snap 3-day winning streak amid trade deal caution
  • 2019 Was Great for European Markets. Now for the Bad News
  • The boutique CIO stealing the show in European equities
  • European Equities: Geopolitics and U.S Stats to Influence
  • Why Oil Traders Are More Bullish On 2020
  • Oil prices surf US-China trade thaw to 3-month highs
  • Crude Oil Price Forecast - Crude Oil Markets Continue To Show ...
  • This Morning in Metals: US steel prices gain momentum - Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting
  • Steel prices recover, but demand slowdown will continue to test nerves
  • Buy Tata Steel, price target Rs 452: CK Narayan
  • Gold rate today: Bullion steady amid Trump impeachment
  • Gold prices today jump for fourth day, up ?400 so far; silver rates stable
  • Gold price unchanged at Rs 38,112 per 10 grams, silver down Rs 75 to Rs 44,200 per kg

    Best last month among various countries' equity markets were KENYA +17.70%, RUSSIA +10.29%, HUNGARY +10.18%, COLOMBIA +9.54%, IRELAND +8.60%, TAIWAN +8.51%, AUSTRIA +8.31%, GREECE +7.98%, BRAZIL +7.84%, SWEDEN +7.76%,

    While worst last month among various countries' equity markets were ZIMBABWE -93.99%, LEBANON -8.84%, TURKEY -8.37%, NIGERIA -8.22%, JAMAICA -8.06%, CHILE -6.97%, BANGLADESH -6.38%, BOTSWANA -6.13%, ARGENTINA -4.87%, BELGIUM -4.73%,

    Best YTD among various country equities were EGYPT +37.28%, RUSSIA +35.41%, KENYA +35.11%, GREECE +34.37%, BAHRAIN +33.16%, ROMANIA +25.52%, IRELAND +23.85%, SWITZERLAND +22.94%, NETHERLANDS +22.66%, USA +22.48%,

    While worst YTD among various country equities were ZIMBABWE -92.08%, BOTSWANA -57.99%, ARGENTINA -35.90%, NIGERIA -28.77%, LEBANON -27.64%, CHILE -16.85%, UKRAINE -16.06%, PAKISTAN -11.98%, SERBIA -11.50%, TRINIDAD AND TOBAGO -11.42%,
    Chose Your Country



    News

    Best 10 Markets Last Month


    KENYA 17.70%

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  • Kenya's president refuses to sign the budget over rate cap
  • Ethiopians in Kenya Happy for Abiy's Nobel Prize | Voice of America ...
  • IMF cuts Kenya's economic growth forecast for 2019 and 2020
  • US$1.5 billion China-funded rail line opens in Kenya amid criticism ...
  • Spotlight: African exporters eye upcoming Chinese import expo to ...
  • HIGHLIGHTS-Kenya budget for 2019/20 fiscal year
  • Kenya debt passes Sh5.9 trillion mark

    RUSSIA 10.29%

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  • Putin must be 'tired of winning' -- Meanwhile in America
  • Minister: PM to formally ask Putin for release of Israeli jailed in Russia
  • Russian wealth fund chief points to Saudi Arabia as a precedent for ...
  • Weak Prospects Of The Russian Market
  • Big dreams in Africa for Russian businesses
  • Russia looks at alternatives to dollar for energy transactions
  • A Tale of Two Russias

    HUNGARY 10.18%

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  • Hungarian opposition wins Budapest in major blow to Orban
  • Official IMF Staff Finds Hungary's Economic Growth to 'Exceed ...
  • State aid: Commission opens investigation into proposed public ...
  • Historic Analysis: The Demographic Downfall of Hungary
  • Oil, gas, electricity exports see growth
  • Budget Deficit only 30 Percent of Full-Year Target in 9 Months
  • Hungary debt agency bought back 2019/A bonds to ease liquidity ...

    COLOMBIA 9.54%

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  • Ex-Colombian President Uribe to testify in fraud case
  • EMERGING MARKETS-Dollar doldrums lift Latin American currencies
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  • Ivanka Trump Is Right about Empowering Women
  • Colombian avocado exports continue to rise
  • Colombia proposes spending cuts to make up budget shortfall
  • Debt Settlement Market Leading Key Players: Freedom Debt Relief ...

    IRELAND 8.60%

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  • President Higgins begins official visit to Lebanon
  • eBay Meets with Irish Prime Minister
  • Northern Ireland economic growth rises by 0.3%
  • Coinbase Eyes European Growth After Winning Irish E-Money License
  • Import-heavy Arab nations offer untapped trade opportunities for ...
  • Ireland's exports to the UK dip below 10%
  • Ireland Budget 2020 released
  • Ireland to sell more green debt to fund environmental projects

    TAIWAN 8.51%

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  • Taiwan's President Tsai Ing-wen calls for resumption of TIFA talks ...
  • Japan prime minister thanks Taiwan for sympathy after deadly typhoon
  • CIER revises upward Taiwan's 2019 GDP growth forecast to 2.33 ...
  • Taiwan's Diplomatic Isolation Continues As The Solomon Islands ...
  • Grenada wins court judgment in Taiwan debt dispute

    AUSTRIA 8.31%

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  • Austrian president tasks Kurz to form another government
  • Austria election: Sebastian Kurz's People's Party in convincing win
  • Austria's Kurz eyes economic growth after vote triumph
  • Population growth as panacea for development
  • Christoph Leitl: Investors see if Ukraine will choose the rule of law ...
  • Austria's debt ratio to shrink to below 60 percent by 2023
  • Austria's debt ratio to shrink to below 60 percent by 2023

    GREECE 7.98%

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  • Greece celebrates its 2500 year defence of Western civilisation
  • Greek PM Mitsotakis calls for Plan B to tackle migration
  • Greece aims for strong economic growth, tax cuts in 2020
  • New Models of Democracy
  • US tariffs to hurt peach and can producers
  • European Union to Give Green Light to Greece's Budget for 2020
  • Greece's Debt-Crushed Electric Utility Not Ready for Privatization

    BRAZIL 7.84%

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  • Rift between Brazil's president and his party deepens in Congress
  • Trump Says He Still Supports Brazil in OECD, Despite Letter
  • Bolsonaro's central bank chief vows to 'reinvent' Brazil economy
  • Bolsonaro's central bank chief vows to 'reinvent' Brazil economy
  • Foreign workers sustaining population growth
  • Global Vegetable Waxes Market – Brazil Emerged As the World's ...
  • Brazil's Senate to hold a final vote on pension reform on 22 October
  • Brazil President Bolsonaro's Biggest Economic Win, Pension ...

    SWEDEN 7.76%

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  • Perfect for an audience with the President! Crown Princess Victoria ...
  • How novelist Stieg Larsson may have cracked the unsolved murder ...
  • Nordic economic growth to slow in 2020 as trade tensions bite ...
  • Why Sweden's Retail Sector is Captivating International Retailers ...
  • Sweden Touts 'Incredibly Strong' Jobs Market Before New Forecast
  • Sweden's debt collection agency is auctioning off bitcoin

    Worst 10 Market Last Month


    ZIMBABWE -93.99%

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  • MDC'S Chamisa perpetrates sexism in Zimbabwe
  • India and Zimbabwe's common cause in the Commonwealth
  • Before re-engagement, Zimbabwe needs to regain lost trust
  • Before re-engagement, Zimbabwe needs to regain lost trust
  • Zimbabwe's parliamentary watchdog urges investment in agriculture ...
  • Zimbabwe targets 10% growth in exports
  • Mthuli Ncube declares $800 million budget surplus, targets $24 ...
  • $19.7bn debt weighs on Zimbabwe's economic prospects

    LEBANON -8.84%

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  • Protests over taxes threaten Lebanon's political establishment
  • WhatsApp tax sparks night of austerity protests across Lebanon
  • Cash injection required: Lebanon's PM pins hopes on UAE
  • WhatsApp tax sparks night of austerity protests across Lebanon
  • Interview: Lebanon hopes to expand global market via 2nd China ...
  • Lebanon Drops WhatsApp Tax as Thousands of Protesters Hit the ...

    TURKEY -8.37%

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  • In Turkey's president, Trump seems to have found a soul mate
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  • World Bank revises growth forecast for Turkey
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  • 9 questions about Turkey, Syria, and the Kurds you were too ...
  • Turkey's exports continue steady rise, hit $15.2 billion in September
  • Turkey's budget sees $15.3B deficit in 9 months
  • Turkey's Debt Mess Looms Even as Albayrak Sees 'Clean Slate'

    NIGERIA -8.22%

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  • Nigerian president vows crackdown on abusive Islamic schools
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  • $25b FDI boosted Nigeria's economy after recession —FG
  • Population growth as panacea for development
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  • Nigeria: Budget 2019 - Buhari Proposes N46 Billion for Capital ...
  • DMO: Nigeria's debt hits N25.7trn

    JAMAICA -8.06%

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  • Protesters bar president from visiting historic site
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    CHILE -6.97%

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  • Chile president Sebastián Piñera: 'We are ready to do everything to ...
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  • Chile taps China and Japan in lithium-for-tech push but faces tough ...
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  • Budget Restraints That Work: Lessons from Chile, Switzerland, the ...
  • Neruda nephew: Chile debt blocks tests on poet's remains

    BANGLADESH -6.38%

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  • FIFA President continues Asian tour with visit to Bangladesh
  • Bangladesh is booming - and here's why, says the Prime Minister
  • Bangladesh is booming - and here's why, says the Prime Minister
  • Bangladesh is booming - and here's why, says the Prime Minister
  • Bangladesh, Nepal ahead of India as growth in South Asia slows ...
  • Nigeria Anticipates Future With Significant Financing Needs
  • Bangladesh sees lowest debt-GDP ratio in world

    BOTSWANA -6.13%

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  • NEWS ANALYSIS: Botswana president confident of poll victory as ...
  • Botswana to benefit more from ITEC
  • SMEs driver of economic growth in Botswana: banker
  • Botswana mining firms caught up in US-China trade feud ….as trade ...
  • Kenya's changing population captured in 100 photos
  • Botswana wary of weak diamond sales amid tight budget
  • Botswana wary of weak diamond sales amid tight budget
  • But a new study of China's loans to developing countries challenges ...

    ARGENTINA -4.87%

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  • In Argentina, farmers worry about presidential race, possible return ...
  • Alberto Fernández to toughen Argentina's stance on Malvinas, if ...
  • Mexico and Argentina: A Tale of Two Countries
  • Mexico and Argentina: A Tale of Two Countries
  • Commentary: Argentina's debt crisis shows IMF skidding down a ...
  • Mexico and Argentina: A Tale of Two Countries
  • Schlumberger Announces Third-Quarter 2019 Results

    BELGIUM -4.73%

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  • Ex-Catalan leader appears before Belgian authorities over arrest ...
  • Boris Johnson refuses to reveal how badly his Brexit deal will hurt ...
  • Technicalities Drives To Growth ::Barco, The Belgium, (Euronext BE ...
  • Population growth as panacea for development
  • European Market for Citrus Fruit Jams and Purees – France Benefits ...
  • Belgium's budget deficit to hit nearly €12 billion by 2024
  • Belgium eyes GrOLO tap in November

    Top 10 Longs Based on Momentum

    tickernamecountrysectorPeriodChange
    BGNEBEIGENE ADR REPRESENTING LTDHong KongHealth Care65.12
    028300HLB INCKorea (South)Consumer Discretionary62.80
    SNCSNC LAVALIN INCCanadaIndustrials54.39
    TATAMOTORSTATA MOTORS LTDIndiaConsumer Discretionary47.79
    TIFTIFFANYUnited StatesConsumer Discretionary47.34
    YESBANKYES BANK LTDIndiaFinancials45.83
    ALGNALIGN TECHNOLOGY INCUnited StatesHealth Care40.41
    QRVOQUORVO INCUnited StatesInformation Technology40.09
    6060ZHONGAN ONLINE P & C INSURANCE CORChinaFinancials39.92
    ABMDABIOMED INCUnited StatesHealth Care38.20

    Top 10 Shorts Based on Momentum

    tickernamecountrysectorPeriodChange
    136HENGTEN NETWORKS GROUP LTDChinaConsumer Discretionary-50.00
    GRUBGRUBHUB INCUnited StatesConsumer Discretionary-33.06
    NOKIANOKIAFinlandInformation Technology-25.25
    TWTRTWITTER INCUnited StatesCommunication-24.31
    GILGILDAN ACTIVEWEAR INCCanadaConsumer Discretionary-21.16
    INDIGOINTERGLOBE AVIATION LTDIndiaIndustrials-19.42
    BEXIMCOBEXIMCO LTDBangladeshIndustrials-18.47
    AGUAS.AAGUAS ANDINAS SAChileUtilities-16.72
    ANETARISTA NETWORKS INCUnited StatesInformation Technology-16.51
    HASHASBRO INCUnited StatesConsumer Discretionary-16.27

    Z-rankings Methodology - Top Global Long Picks

    TickerCompanySectorPE RATIO
    2016
    PE RATIO
    2017
    PE RATIO
    2018
    EV/EBITDA
    2016
    EV/EBITDA
    2017
    EV/EBITDA
    2018
    P/S
    2016
    P/S
    2017
    P/S
    2018
    P/B
    2016
    P/B
    2017
    P/B
    2018
    DIVIDEND YIELD
    2016
    DIVIDEND YIELD
    2017
    DIVIDEND YIELD
    2018
    GROSS MARGIN
    2016
    GROSS MARGIN
    2017
    GROSS MARGIN
    2018
    ROA
    2016
    ROA
    2017
    SWMA SS zranksSwedish Match ABConsumer Staples10.617.116.98.913.013.43.54.75.00.00.00.02.92.93.046.562.962.734.023.7
    CHTR US zranksCharter Communications IncConsumer Discretionary15.097.844.714.710.28.82.11.52.11.92.11.80.00.00.052.452.251.93.76.7
    BVT SJ zranksBidvest Group Ltd/TheIndustrials14.216.014.07.29.910.10.70.80.92.42.82.53.12.83.229.128.929.89.97.0
    HCLT IN zranksHCL Technologies LtdInformation Technology14.515.615.011.111.510.22.62.52.73.83.73.52.71.20.90.00.035.020.118.6
    257 HK zranksChina Everbright International LtdIndustrials14.214.38.211.411.68.42.81.32.52.32.21.32.32.23.438.035.634.66.25.7
    DIGI MK zranksDiGi.Com BhdTelecommunication Services23.026.822.713.314.512.45.75.46.372.376.452.04.33.74.475.176.176.332.126.1
    BHP AU zranksBHP Billiton LtdMaterials14.920.117.36.36.87.12.63.43.11.72.43.14.64.74.60.00.00.05.03.2
    CCK US zranksCrown Holdings IncMaterials13.713.39.59.510.19.20.90.50.920.112.66.00.00.00.017.616.615.25.13.2
    034730 KS zranksSK Holdings Co LtdIndustrials16.69.37.85.96.17.10.20.10.21.01.20.91.61.41.911.811.79.50.81.6
    UPS US zranksUnited Parcel Service IncIndustrials19.519.813.514.412.511.01.71.21.6245.7103.027.72.72.83.718.320.619.38.711.4

    Z-rankings Methodology Top Short Picks

    TickerCompanySectorPE RATIO
    2016
    PE RATIO
    2017
    PE RATIO
    2018
    EV/EBITDA
    2016
    EV/EBITDA
    2017
    EV/EBITDA
    2018
    P/S
    2016
    P/S
    2017
    P/S
    2018
    P/B
    2016
    P/B
    2017
    P/B
    2018
    DIVIDEND YIELD
    2016
    DIVIDEND YIELD
    2017
    DIVIDEND YIELD
    2018
    GROSS MARGIN
    2016
    GROSS MARGIN
    2017
    GROSS MARGIN
    2018
    ROA
    2016
    ROA
    2017
    INCY US zranksIncyte CorpHealth Care164.60.072.092.30.065.917.07.212.645.112.37.00.00.00.094.794.895.07.9-15.9
    EOG US zranksEOG Resources IncEnergy0.098.015.727.415.77.07.43.05.54.23.82.60.70.60.924.047.860.8-3.98.7
    NPN SJ zranksNaspers LtdConsumer Discretionary392.563.026.90.00.00.012.230.335.35.84.13.60.60.50.641.436.936.112.139.6
    NFLX US zranksNetflix IncConsumer Discretionary287.9143.899.9125.595.473.16.07.47.119.923.222.30.00.00.029.131.336.91.63.4
    QRVO US zranksQorvo IncInformation Technology465.997.732.611.511.410.02.92.93.01.81.92.00.00.00.037.438.638.7-0.3-0.6
    VET CN zranksVermilion Energy IncEnergy0.093.622.916.210.96.27.32.95.44.23.61.64.65.79.470.772.271.1-3.91.5
    OXY US zranksOccidental Petroleum CorpEnergy0.083.312.323.812.45.65.42.64.52.52.72.24.24.25.148.655.363.2-1.33.1
    WPL AU zranksWoodside Petroleum LtdEnergy21.620.914.99.09.46.34.63.95.61.31.41.23.73.86.545.250.650.33.64.3
    2883 TT zranksChina Development Financial Holding CorpFinancials20.212.718.017.214.312.33.50.51.60.70.90.96.25.93.10.00.00.00.70.7
    APA US zranksApache CorpEnergy0.0174.915.024.26.85.04.51.42.83.92.21.41.62.43.814.229.338.1-6.85.9

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