European shares rose on Wednesday, recovering from early-week losses after debt-laden China’s Evergrande said it would make some interest payments, while travel and leisure shares jumped to a 14-week high. Frankfurt-listed Evergrande shares jumped 15.1 percent after hitting multi-year lows in the previous session. The real estate developer said it …
Read More »European Shares Fall 1% Amid Fears of Global Growth
European shares fell 1% to their lowest level in nearly two months on Monday, September 20, tracking the impact of the decline in Asian shares, as investors fear that major central banks will begin to express indications about reducing their stimulus programs with the start of the pandemic when they …
Read More »European Shares on Track For Weekly Gains
European shares rose on Friday, September 17, heading for weekly gains, as news that Britain is considering easing travel restrictions boosted shares of airlines and hotel groups, and a rebound in luxury goods stocks supported major indexes. By 0711 GMT, the pan-European Stoxx 600 index increased 0.7%, on track to …
Read More »European Shares Rise on Travel Rebound
European shares rose today as a rebound in travel stocks and gains in Wall Street overnight helped ease concerns about a slowing Chinese economy that has dragged miners down. The pan-European Stoxx 600 index rose 0.6 percent after closing at a six-week low in the previous session. Travel and leisure …
Read More »European Shares Under Pressure From Weak Chinese Data
European shares fell Wednesday, September 15th on concerns about a slowdown in the Chinese economy, a decline in travel and leisure stocks, and rising inflation in Britain, and the impact on sentiment in early trade. By 07:11 GMT, the European STOXX600 index was down by 0.1%. Asian shares fell after …
Read More »European Shares Track The Rally in Asia
European shares rose, tracking a positive trading session in Asia, even as investors weighed the risks of monetary tightening after the European Central Bank indicated it was slowing its purchase of pandemic bonds.The pan-European Stoxx 600 index rose 0.2 percent, but was still on track to end the week lower …
Read More »European Shares Decline Ahead of ECB
European shares fell, tracking Asian shares slump amid fears of slowing global growth, while expectations are growing that the European Central Bank will announce a timetable to slow bond purchases later in the day. The European Stoxx 600 index fell 0.8 percent to its lowest level in three weeks, and …
Read More »European Stocks Down Ahead of ECB Meeting
European stocks fell, as concerns about slowing global growth weighed on sentiment, while investors’ eyes turned to the European Central Bank meeting for indications on plans to reduce stimulus. The European Stoxx 600 index fell by 1% and is on track to record its largest daily drop in three weeks, …
Read More »European Stocks Down Ahead of ECB Meeting
Europe’s stocks markets declined on Tuesday, with investors anticipating Thursday’s meeting and rate decision by the European Central Bank (ECB). Today, the STOXX Europe 600 Index finished lower by 2.32 points or 0.49% at 472.87. The German DAX lost 89.03 points or 0.56%, its worst decline since August 19, closing …
Read More »European Stocks Begin Week with Positive Performance
European stocks rose on Monday, opening the week with a positive performance after registering their best monthly performance since May last month. The STOXX Europe 600 index added 3.26 points or 0.69% today to close at 475.19 points, logging its second-highest closing level of all time. France’s CAC40 index finished …
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