Japanese shares closed higher on Wednesday, while carrier stocks led the gains, as market sentiment was supported by a rally led by technology companies on Wall Street last night and expectations of strong profits for local companies. The benchmark Nikkei index rose 1% to 28,646.50 points, while the broader Topix …
Read More »European Stocks Close Tuesday on Higher Note
European stocks rose on Tuesday, supported by an improved sentiment towards the rollout of vaccines and economic recovery from the Coronavirus pandemic. The STOXX Europe 600 index finished higher by 1.3%, with travel and leisure stocks leading the gains. The French CAC40 closed higher by 1.86%, while the German index …
Read More »Wall Street Opens with Strong Gains
The New York Stock Exchange (NYSE) opened higher Tuesday, supported by improved investors’ sentiment and large anticipation in Wall Street for the release of financial results by Amazon and Alphabet. In addition, the market remains supported by the prospects of increased government stimulus by the Biden administration. The Dow Jones …
Read More »European Stocks Rose on Recovery Hopes And Gains From Technology Companies
European stocks rallied as investors hoped for a faster-moving economic recovery, while technology stocks led the gains after French information technology advisory group Atos ended talks on a possible acquisition of US rival DXC Technology. Atos shares gained 5% after the company said it decided not to continue talks about …
Read More »Japan Stocks Gaining as Optimism Surrounding Corporate Earnings Grows
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 …
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