Geopolitics Alpha

Asian shares trade mixed after US stocks edge back from their record after profit reports

Published . Updated .

Asian shares trade mixed after US stocks edge back from their record after profit reports AP News

Directly affected

  • No company is named in this report.

Indirectly affected

  • ZIM ZIM Integrated Shipping

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson

    Container lines are exposed when a shipping lane is disrupted

  • DAC Danaos

    Ship owners earn more when vessels are tied up longer

  • GSL Global Ship Lease

    Ship owners earn more when vessels are tied up longer

  • SBLK Star Bulk Carriers

    Dry-bulk carriers move with commodity shipping demand

  • GOGL Golden Ocean

    Dry-bulk carriers move with commodity shipping demand

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ZIM———————
MATX———————
DAC———————
GSL———————
SBLK———————
GOGL———————

Asian shares trade mixed after US stocks edge back from their record after profit reports KSAT

Source: KSAT

Shipping

SPY
XLI

How solid the shipping case looks

100 out of 100

“Asian shares trade mixed after US stocks edge back from their record after profit reports” scores 100 out of 100. The score uses 12 sources.