Japanese stocks closed higher for the second session in a row, recovering from the heavy sales witnessed last week, as optimism about local and US corporate earnings grew, boosting sentiment. The Nikkei index rose 0.97% to 28,362.17 points, while stocks of consumer goods, materials and real estate industries led the …
Read More »European Stocks Recover and Close in Green
European stocks closed higher on Monday, opening the week with a positive performance amid improved investors’ sentiment. Following a weekly decline that was the worst since last October, the pan-European STOXX 600 index rose by 1.2%. The French index CAC40 bounces by 1.16%, while the German DAX finished higher by …
Read More »European Stocks Rise and Mining Companies Leading Early Gains
European stocks rose on Monday, recovering from their worst weekly decline since October, backed by a rally in mining stocks after an ongoing flurry of retail interest shifted to silver. The European Stoxx600 index rose 0.8%, while mining stocks including Fresnelo, Polymetal International and Polydin led the early gains in …
Read More »Japan shares Closed Higher on Positive Earnings Outlook
Japanese shares closed higher on Monday, February 1, after falling for two sessions, as sentiment was boosted by positive earnings outlooks and gains made by shares of chipmakers that had previously been hit. The benchmark Nikkei index rose 1.55% to 2,8091.05 points, and the broader Topix index gained 1.16% to …
Read More »Japan Stocks Drop on Month-End Selling
Japanese stocks fell for a second session, giving up early gains, as sales to investors to take profits and rebalance positions at the end of the month overshadowed a batch of technology companies that announced positive profits. Investors are growing concerned about more market turmoil as retail frenzy boosts market …
Read More »European Stocks Recover From Earlier Losses to Finish Higher
European stocks closed Thursday on a higher note, bouncing back from losses registered earlier in today’s session, on the back of positive financial disclosures and an improved risk appetite. The pan-European STOXX 600 index rose by 0.1%, after falling by as much as 2% earlier. The French benchmark index CAC40 …
Read More »European Stocks Hitting a Low of Almost a Month
European stocks reached their lowest level in nearly a month after the worst-selling wave in Wall Street since October due to concerns about rising valuations, while investors grew concerned about an increase in infections with a new, more contagious strain of the Coronavirus. The European STOXX 600 index fell 1%, …
Read More »Japan Shares Post The Biggest Drop in 6 Months
Japanese stocks suffered their biggest drop in six months today, Thursday, to track down on Wall Street, as they were pressured by technology companies that took advantage of the recent rise in shares. The benchmark Nikkei index fell 1.53% to 28,197.42 points, its biggest daily drop since July 31, while …
Read More »Nokia Does Not Know Why Its Share is Surging
Nokia disclosed in an official statement on Wednesday that it is not aware of the exact reason behind the recent surge in its share price, Reuters reported. The Finland-based technology giant saw its share price rise by an astonishing 41% on Wednesday. “Nokia is not aware of any material, undisclosed …
Read More »European Stocks Decline Ahead of Fed Decision
European stocks declined on Wednesday, amid reduced risk appetite among investors in anticipation of the United States Federal Reserve policy decision. The pan-European STOXX 600 index fell by 1.20%, with the telecom sector leading the decline and falling by 2.9%. The French CAC40 plummeted by 1.29%, while the German DAX …
Read More »