Geopolitics Alpha

European shares slip as tech rout offsets earnings support

Published . Updated .

European shares slip as tech rout offsets earnings support Central Oregon Daily

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———————

European shares slip as tech rout offsets earnings support Charlotte Observer

Source: Charlotte Observer

Shipping

SPY
XLI

How solid the shipping case looks

50 out of 100

“European shares slip as tech rout offsets earnings support” scores 50 out of 100. The score uses 4 sources.