Tag Archives: European Stocks

European stocks closed higher on Friday, for the second consecutive session, on the back of an improved investors’ sentiment following a slew of positive economic data. The STOXX Europe 600 index rose by 0.13%, its highest rise since May, to finish at 457.63 points, extending its weekly gains to 5.58 …

European shares approached record highs Friday, June 25, as construction-related shares tracked a jump on Wall Street on the back of a bill on infrastructure spending, while Credit Suisse rose after Reuters reported that the bank is considering a possible merger with UBS. Shares of the scandal-hit Swiss bank surged …

European stocks closed higher on Thursday, as positive economic data provided support for expectations for recovery from the negative impacts of the pandemic. The STOXX Europe 600 index rose by 3.94 points, or 0.87%, to close at 457.04 points. The pan-European index rose for three out of the last our …

European stocks closed lower on Wednesday, after rising for two consecutive sessions, despite concerns about the Federal Reserve raising rates soon to combat inflationary pressures eased by Chair Jerome Powell. The pan-European STOXX 600 index fell by 3.32 points, or 0.73%, to finish at 453.10 points. The French CAC40 index …

European stocks closed higher on Tuesday, with a rebound in commodity prices providing support for the mining and energy sectors. The pan-European STOXX 600 Index gained 0.26% and closed at 456.42 points. Similarly, the blue-chip STOXX 50 index finished higher by 0.26% at 4,123.13. Meanwhile, the UK’s FTSE100 ended the …

European shares rose to record levels today, as optimism about economic recovery from the Covid-19 pandemic led by the stimulus outweighed fears of global central banks tightening monetary policy earlier than expected. The pan-European STOXX 600 index rose 0.1%, with gains led by shares that are sensitive to the economy, …

European stocks closed higher on Monday, starting the week with a positive performance after rebounding from earlier losses. The STOXX Europe 600 index rose by 0.7% and closed at 455.23 points. Similarly, the STOXX 50 index finished higher by 0.71% at 4,112.33 points. The French CAC40 and the UK’s FTSE100 …

The European Union will impose sanctions, including travel bans and asset freezes, on 86 Belarusian officials and companies on Monday, but will leave it to leaders to decide when to impose economic sanctions, EU foreign policy chief Josep Borrell said. Diplomats said that the sanctions include 76 individuals, including the …

European shares fell on Monday, as mining and banking stocks bore the brunt of an abrupt shift in the US Federal Reserve’s stance on monetary policy last week. The pan-European Stoxx 600 index fell 0.6% to its lowest level in more than two weeks. On Friday, the index halted a …

European stocks maintained a downward trend on Friday, with the banking and energy stocks leading the losses following the hawkish change in tone by the U.S. Federal Reserve, which prompted concerns about raising interest rates sooner than expected. The STOXX Europe 600 index plunged by 1.58% as it closed at …