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 »European Stocks Fall Despite Earnings Results
European stocks fell on Wednesday under the weight of fears of a slow economic recovery while most investors were reluctant to take positions ahead of the US Federal Reserve’s decision on monetary policy. The European Stoxx600 index fell 0.4% in early trade after losses in Asian markets and Wall Street. …
Read More »Japan Shares Closed Higher as The IMF Boosted Earnings Forecast
Japanese stocks closed higher on Wednesday, January 27, thanks to hopes for better corporate results after the International Monetary Fund raised its global growth forecast, while Nitto Denko shares jumped after it revised its earnings outlook. The benchmark Nikkei index rose 0.31% to 28635.21 points, while the broader Topix index …
Read More »European Stocks Rise After Two Declines
European stocks closed higher on Tuesday, following two consecutive declines, supported by a positive performance by major market sectors led by chemicals and financial sectors, as well as good financial results by a number of major listed companies. The rise of European stock markets also comes amid an overall improvement …
Read More »Japan Stock Closed Lower Due to Vaccine Delay And Caution Ahead of Earnings Season
Japanese stocks closed lower on Tuesday, January 26, as they witnessed profit-taking sales due to concerns about delays in the distribution of anti-coronavirus vaccines, as well as in an American stimulus package and a state of tension before the start of the corporate earnings announcement season. The Nikkei index fell …
Read More »European Shares Rise as UBS Rise
European stocks rose on Tuesday, January 26th, after a two-session decline, as Swiss Wealth Management UBS announced a rise in quarterly net profit, but the gains were curbed by concerns about extending the lockdown and US stimulus measures. The European Stoxx600 index rose 0.2%, after closing at its lowest level …
Read More »European Stocks Finish Sharply Lower
European stocks closed lower on Monday, opening the week with a negative performance as it erased all of its gains earlier in today’s session, with travel and leisure stocks leading the decline amid renewed concerns about the Coronavirus pandemic. The pan-European STOXX 600 index finished lower by 0.9%, after rising …
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