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Capital.com taps Refinitiv data to offer sustainable investment insights to users

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“Traders will have comprehensive ESG data at their fingertips, at no cost, at the precise moment they need to make an investment decision”.

Capital.com has tapped LSEG’s market data business Refinitiv to provide investors and traders with environmental, social and governance (ESG) data.

The high-growth European investment trading platform will be able to empower its client base with real-time ESG data, AI-powered sentiment analysis and financial news from the Capital.com platform.

ESG data, economic calendars, stock reports, Reuters news and isnsights

Refinitiv’s proprietary data feeds offer a more timely view of a company and its ESG goals based on news and social media. This helps ensure the ESG data is accurate and free of corporate “greenwashing.”

A recent survey by Capital.com found that lack of knowledge and high fees prevent retail investors from making more sustainable investment decisions. This led the online trading provider to take the matter into its own hands and provide its client base with direct access to ESG scores and financial data from the Capital.com platform.

Refinitiv’s ESG database – underpinned by more than 450 different ESG metrics – is one of the most comprehensive in the industry. It measures a company’s relative ESG performance, commitment and effectiveness across 10 main themes, including emissions, environmental product innovation, human rights, and shareholders based on publicly-reported data.

The partnership with Refinitiv also includes economic calendars, quantitative stock reports, and global financial news services including access to Reuters news and exclusive insights, as well as AI-enabled sentiment analysis.

Comprehensive ESG data at traders’ fingertips, at no cost

Kypros Zoumidou, Chief Commercial Director, Capital.com, said: “More and more investments are now linked to ESG criteria but much of this remains under the exclusive purview of institutional fund managers. Investors have to pay managers expensive fees if they want to participate in ESG investments. We do not think this should be the case.

“To further break down the barriers to investing and to empower more people to make sustainable investment decisions for themselves, we have incorporated Refinitiv’s market leading ESG data into the platform. Traders will have comprehensive ESG data at their fingertips, at no cost, at the precise moment they need to make an investment decision”, he continued.

“With the provision of Refinitiv’s world-leading financial news content alongside Capital.com’s own cost-free educational resources, our traders will not only be able to make sustainable investment choices but also lean on world-class financial data and news to better decipher the long-term direction of price movements. We are delighted to be able to partner with Refinitiv who share our commitment to provide investors with the tools they need to make better investment decisions.”

Sune Mortensen, Head of Investment & Wealth Solutions, Data & Analytics, LSEG, said: “We are delighted to collaborate with Capital.com and offer users the ability to combine and analyse ESG data using cutting-edge applications for in-depth analysis. Together with Capital.com we have decided to enhance the information accessible to the traders by adding a layer of Artificial Intelligence. This will further ensure precision and relevance. Besides that, it enhances the overall user-experience for the traders on the Capital.com platform.”

 

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Investment

S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Economy

S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

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TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.

The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.

This report by The Canadian Press was first published Oct. 10, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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