European stocks stabilized on Friday, with the support provided by energy and mining companies offsetting the impact of pressures from the weak performance of German copper producer Aurobis after a profit warning, and Volkswagen after a downgrade in the stock’s recommendation. By 0711 GMT, the European STOXX 600 index settled …
Read More »European stocks rise at the opening
European stocks rose at the open on Thursday, and the financial sector received support from the shares of the Swiss bank UBS after the bank’s decision to acquire its local competitor, Credit Suisse, while investors awaited a set of important economic data to be issued later on Thursday. By 0710 …
Read More »European stocks rise with support from insurance companies
European stocks rose at the open on Wednesday after positive results from Prudential Insurance supported the sector index, while investors awaited more important data to assess the strength of the economy in the region. By 0703 GMT, the European STOXX 600 index rose 0.1 percent after rising about 1 percent …
Read More »European stocks fall as investors focus on ECB
European stocks fell in early trading on Friday, as investors were cautious ahead of the statements of the heads of major central banks at the Jackson Hole symposium in the United States, while the rise in bond yields continued to pressure stocks. And by 0711 GMT, the European Stoxx 600 …
Read More »European stocks open higher supported by mining and healthcare companies
European stocks opened higher on Wednesday, as mining stocks led gains thanks to higher metal prices, while Swiss pharmaceutical Roche supported health care stocks. And by 0707 GMT, the European Stoxx 600 index rose 0.4 percent. Mining stocks rose 0.9 percent as prices of most industrial minerals rose. Roche shares …
Read More »European stocks rise with the rise of shares of chip makers
European stocks rose in early trading on Tuesday, with technology stocks leading the gainers, with the rise of chip makers, supported by the rise of their counterparts on the Wall Street Stock Exchange on Monday night, amid anticipation of the announcement of the results of NVIDIA. The pan-European STOXX 600 …
Read More »European stocks rise with the support of the energy and healthcare sectors
European stocks opened higher on Monday, supported by the rise of energy stocks, with the rise in global oil prices, and the rise in health care stocks, thanks to the strong performance of the Danish pharmaceutical company, Novo Nordisk. The pan-European Stoxx 600 index was up 0.4 percent by 0712 …
Read More »European stocks open lower as interest rate pressures and China’s economy mount
On Friday, August 18, European stocks opened lower and are on their way to record a weekly loss, as risk appetite was negatively affected by concerns about interest rates remaining high globally for a longer period, as well as concerns about the growth of the Chinese economy. And by 07:03 …
Read More »European stocks decline as the minutes of the US Central Bank meeting pressure on market sentiment
European stocks fell on Thursday, pressured by a drop in BAE Systems after it agreed to buy the aerospace unit of Bull Corp, while minutes from the Federal Reserve’s July meeting weighed on sentiment as they raised concerns about interest rates staying higher for longer. By 0713 GMT, the pan-European …
Read More »European stocks opened lower, affected by mining companies with exposure to China
European stocks opened lower on Wednesday, with miners exposed to China leading losses after weak economic data from Beijing, while British stocks were pressured by a larger-than-expected headline inflation reading. And by 0708 GMT, the pan-European Stoxx 600 index was down 0.2%, after closing at its lowest level in more …
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