European stocks rose Friday, January 8th, while the German DAX index hit a record high on the back of better-than-expected economic data and encouraging earnings updates from chipmakers. The European STOXX600 index rose 0.7% by and heading towards a weekly gain of more than 3% in light of hopes that …
Read More »European Stocks Close in Green
European stocks closed higher on Thursday, supported by the gains of the construction and commodity sectors. In addition, global markets were affirmed by the confirmation of the election of Joe Biden to be the next President of the United States, after riots erupted in Washington D.C. on Wednesday causing concerns …
Read More »Nikki Reaches a Peak of 30 Years And Financial Sector is The Top Performer
Japanese shares closed higher on Thursday, while the Nikkei index hit a 30-year high with the support of financial stocks, as US Treasury yields rose thanks to hopes of greater stimulus following a Democratic sweep in a two-seat Senate election in Georgia. The Nikkei index closed more than 1% higher …
Read More »European Stocks Finish Higher on Improved Sentiment
European stocks closed Wednesday higher amid an improved investors’ sentiment supported by the rollout of new Coronavirus vaccines. The STOXX Europe 600 gained 1.6% on the back of strong gains by the banking sector. In the United Kingdom (UK), the FTSE100 index surged by 3.47%. Meanwhile, the French CAC40 and …
Read More »Japan Stocks Closed Lower Amid Hazy US Senate Race
Japanese stocks closed lower on Wednesday, amid uncertainty surrounding the results of two-seat re-election for the US Senate in Georgia, as sentiment hurt the prospect of declaring a state of emergency in Tokyo and surrounding cities this week. The Nikkei index ended the session down to about 28 thousand points …
Read More »GM Reports 4.8% Increase in Q4 Sales
General Motors (GM), which is listed on the New York Stock Exchange (NYSE) on Tuesday reported a 4.8% rise in sales across the United States during the fourth quarter (Q4) of 2020, Reuters reported. The rise in sales is supported by increased demand for new motor vehicles during the Coronavirus …
Read More »European Shares Climb, Oil And Retail Soar
European stocks rose today, Tuesday, supported by the rise in shares of oil companies and retail, while investors ignored new general isolation measures in Britain to contain a rise in infections with the Coronavirus. The pan-European STOXX 600 index rose 0.1% after opening slightly lower following losses in Asia and …
Read More »State of Emergency in Japan Pushes Nikkei Lower
Japanese stocks fell on Tuesday, as the government appeared to be preparing to declare a state of emergency to deal with the rise in Covid-19 infections, while investor appetite for risk was also negatively affected by the uncertainty over the re-election for the Senate in the US state of Georgia. …
Read More »European Stocks Close First Session of New Year Higher
European stocks rose on Monday, opening the year with a positive performance amid an improved risk sentiment among investors, supported by the roll out of new Coronavirus vaccines, despite the concerning number of new cases. The pan-European STOXX 600 index closed higher by 0.72% on the back of gains by …
Read More »Japan Stocks Start The Year With a Drop and Tokyo Awaiting The Declaration of a State of Emergency
Japan shares closed lower on Monday after Prime Minister Yoshihide Suga said he was considering declaring a state of emergency in Tokyo and surrounding areas to contain the spike in coronavirus infections domestically. The Nikkei index fell 0.68% to 27,258.38 points on its first trading day in 2021, its biggest …
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