Affected by tariff concerns, the USA essential Consumer goods and utilities Sector outperformed the Large Cap.

As Trump is about to introduce new policies, investors are increasingly worried about the impact of tariffs in the USA and are seeking safe-haven Assets. The Defensive Sector outperformed the Large Cap on Monday. The Consumer Staples, Utilities, Energy, and Real Estate Sector indices in the S&P 500 Index all rose, while the overall index briefly fell by 1.7%, marking the fourth consecutive trading day of decline. The Non-essential Consumer and Information Technology Sectors were the largest decliners on Monday. Consumer Staples were the best-performing Sector, rising by 1% on Monday. UBS Group Analyst Peter Grom wrote in a report on March 28 that the performance of Stocks is related to the fundamentals.

Global Market Report.Mar 31 10:22 ET

UBS Group: Raised CHINA FEIHE's Target Price to HKD 7.4, rating "Buy".

UBS Group released a Research Report stating that CHINA FEIHE (06186) had a revenue increase of 6.2% year-on-year last year, and Net income rose by 5.3%, indicating an 8.7% sales growth in the second half of last year, which accelerated compared to 3.7% in the first half, with a year-on-year Net income growth of 0.1%. The firm believes the company's sales in the second half of last year were basically in line with expectations. The total dividend for the company last year was 2.7 billion yuan, representing a payout ratio of 76%, compared to 70% in 2023. The firm adjusted the Target Price for CHINA FEIHE from HKD 6.65 to HKD 7.4, maintaining a 'Buy' rating, and believes CHINA FEIHE will be a potential beneficiary of nationwide fertility subsidies.

Sina Hong Kong Stock.Mar 31 05:24 ET

UBS Group: Increased the Target Price for PICC P&C to 16.3 Hong Kong dollars, rating "Buy".

UBS Group released a Research Report stating that PICC P&C (02328) had a post-tax Net income increase of 31% to 32 billion yuan last year, aligning with the median increase of the previously forecasted profit warning. The total dividend per share increased by 10% compared to the same period last year to 0.54 yuan, with a payout ratio of 37%, in line with the bank and market predictions. Due to a stronger than expected comprehensive cost ratio (CoR) guidance for 2025 and an improvement in the macroeconomic environment, the bank has raised the Target Price for PICC P&C from 14.5 HKD to 16.3 HKD, maintaining a 'Buy' rating.

Sina Hong Kong stocksMar 31 05:23 ET

Trump stated that he is looking forward to April 2, while Global investors are on high alert.

President Donald Trump said he is looking forward to April 2. However, global stock investors feel differently. The Trump administration is expected to announce a series of so-called reciprocal tariffs against USA trade partners on Wednesday, which may bring another heavy blow to the market. Trump mentioned that the related measures would be "loose," but given that the content of the next round of tariff plans remains unclear, Fund managers remain cautiously competitive. The automobile tariffs announced by Trump last week have severely impacted global Industry Stocks, which may indicate potential future volatility. Institutions forecast that due to the scale of the announced content, with the possibility of significantly increased tariffs on imports from certain countries, the future will be affected.

环球市场播报Mar 30 23:52 ET

UBS Expands Wealth Service to Target Perth, Australia, Bloomberg Reports

TipRanksMar 30 19:00 ET

Overview: Daly predicts that the Federal Reserve will cut interest rates twice this year. Nagel holds an open attitude toward the ECB's decision in April.

According to reports, Federal Reserve official Daly still believes there will be two interest rate cuts this year. ECB Governing Council member Nagel is open to the interest rate decision in April, believing that it is not advisable to be overly optimistic about inflation progress. UBS Group strategists stated that the impact of tariffs has not yet been fully absorbed by the market. Federal Reserve official Daly continues to believe that two interest rate cuts this year is a reasonable prediction. ECB Governing Council member Nagel said he is open to the interest rate decision in April, and that it is not advisable to be overly optimistic about inflation progress.

Global Market BroadcastMar 28 17:03 ET