European stocks reversed earlier losses and closed higher on Friday, to score their second consecutive week of gains. The STOXX Europe 600 index finished higher for the day by 0.64%, registering weekly gains of 1% and rising to its best level in three weeks. The French CAC40 index gained 0.60%, …
Read More »European shares Decline But ASML and ING Were Among The Winners in Early Trade
European stocks are lower, but on track for gains for the second week in a row, as investors await more indications of progress in implementing US stimulus measures, while rising ASML and ING shares curbed the decline. The pan-European STOXX 600 index fell 0.1%, after gaining nearly 4% since the …
Read More »European Stocks Return to Gains
European stocks closed Thursday in gains, recovering from yesterday’s losses, as investors are digesting the financial results for a number of listed companies amid the earning reports season. The STOXX Europe 600 index finished higher by 0.5%, with most sectors, led by tech, closing in the positive territory. The German …
Read More »European Stocks Rise on Earnings Reports
European stocks rose to remain on the path to concluding the week on stability, as investors closely watched a barrage of corporate earnings reports to derive indications of the pace of recovery in business activities. The pan-European STOXX 600 index rose 0.1% in early trade, with most of the sectors …
Read More »European Stocks Close Lower
European stocks closed lower on Wednesday, as the earnings reports season continues across the markets. The STOXX Europe 600 index declined by 0.23%, as most of the market sectors closed in red. The French CAC40 index fell by 0.36%, while the German DAX plunged by 0.56%. Meanwhile, the UK’s FTSE100 …
Read More »European Stocks on Positive Side on SocGen Earnings Report
European stocks rose during trading on Wednesday on upbeat quarterly earnings reports from companies including SocGen helped boost optimism about a faster vaccine-led economic recovery this year. The STOXX 600 rose 0.3%, with commodity-related and banking stocks leading the gains. Most of the European indices were higher in early trade. …
Read More »European Stocks Decline Following Recent Surges
European stocks ended Tuesday in small losses that come following recent surges on the back of improved risk sentiment and investors’ appetite. The STOXX Europe 600 index closed lower by 0.1%, with the majority of market sectors closing in red. The German benchmark index DAX finished down by 0.34%, while …
Read More »European Stocks Fell After a Strong Rally
European stocks fell on Tuesday 9 February, after a strong rally receded, driven by hopes of a faster global economic recovery and the distribution of anti-Coronavirus vaccines, while shares of the French oil giant Total increased after its profits recovered in Q4 last year. Total’s share increased by 1.1% after …
Read More »European Stocks Close Higher
European stocks closed higher on Monday, opening the week with a positive performance amid an improved risk sentiment that benefited equity markets around the world. The pan-European STOXX 600 index finished higher by 0.3%. Meanwhile, the French CAC40 index gained 0.47%, while the German index DAX closed marginally higher by …
Read More »Technology Stocks in Europe Rise led by Dialog
European stocks rose, after achieving their best weekly gains in nearly three months, as Dialog Semiconductor boosted the technology sector, while hopes for a faster economic recovery continued on the back of the global distribution of vaccines. Renesas Electronics and Dialog said they had agreed that the Japanese chipmaker would …
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