Tag Archives: European Stocks

European stocks rose on Monday amid slight trading due to a bank holiday in Britain, while sentiment remained positive on hopes of a quick economic recovery and a strong earnings season. The pan-European STOXX 600 index rose 0.2% on its first trading day in May. The benchmark index closed up …

European stocks closed lower Thursday, April 29th, despite banks’ highs in 14 months thanks to strong quarterly earnings, as rising Eurozone bond yields prompted some investors to sell for profit after reaching near-record levels. The pan-European STOXX 600 index fell 0.3% to 438.77 points, far away from its record high …

On Thursday, April 29, European stocks resumed their advance towards their all-time highs after a set of positive business results and the US Federal Reserve pledging to continue adopting the loose monetary policy. The European Stoxx600 index rose 0.4%, just 3 points away from its peak. Consumer goods giant Unilever …

European stocks showed a mostly positive performance on Wednesday, as the market anticipated the outcomes of the U.S. Federal Reserve meeting, as well as positive earnings reports by major listed companies. The pan-European STOXX 600 closed nearly unchanged for the second consecutive session, rising marginally by less than 0.1%, as …

European stocks finished lower on Tuesday, as markets remain affected by the Archegos Capital Management losses that exceeded $10 billion, according to media reports. Meanwhile, travel and leisure stocks surged by about 3% on optimism about recovery from the pandemic, while basic resources declined by 1.2%. The STOXX Europe 600 …

European stocks were largely unchanged on Tuesday after the results of blue-chip companies such as HSBC and BP were announced, while UBS became the latest bank to disclose its damage from dealing with US investment firm Archigus. The pan-European STOXX 600 index fell 0.01%, as gains in oil and gas …

European stocks opened the week with a positive performance and closed higher on Monday. The STOXX Europe 600 index finished up by 0.29% at 440.32 points, with the banking sector leading the gains and rising by 2%. The pan-European index lost about 0.8% last week. The French CAC40 increased by …

European stocks were largely flat on Monday, as car maker losses erased the gains of mining companies, while investors awaited a week full of corporate results and economic data. The pan-European STOXX 600 index rose 0.02% n early trade, after recording its first weekly loss in eight weeks on Friday. …

European stocks declined on Friday, registering their first weekly loss in eight weeks, as the market reacted to concerns about the rising number of new coronavirus cases amid a new wave of the pandemic. The STOXX Europe 600 index closed lower by 0.2%, expanding its losses to 0.8% for the …

European stocks are on the path of incurring their first weekly loss in eight weeks on Friday, April 23, as a surge in global coronavirus infections dashed the impact of strong earnings reports, while Madrid-based Olfendes shares jumped in its first trade in the Amsterdam market. The European Stoxx600 index …