European stocks rose on Monday, amid a decline in treasury yields, and an improvement in investors’ sentiment due to positive news about Coronavirus vaccines. The STOXX Europe 600 index surged by 1.80% to close the first session of March at 412.27 points, amid a positive performance by most market sectors. …
Read More »European Stocks Recover as Bond Markets Stabilize
European stocks rose today after heavy losses incurred last week in light of the decline in sales in the bond markets, as well as boosted sentiment optimism about vaccination campaigns to prevent Covid-19 and a US stimulus package. The pan-regional STOXX 600 index rose 1.6%, following strong gains for Asian …
Read More »European Stocks End Week Lower Decreasing Monthly Rise
European stocks closed lower on Friday, extending their weekly losses, amid a rise in treasury yields. The STOXX Europe 600 index declined by 1.72% to finish the week at 404.64 points, declining by 2.5% on a weekly basis. On the monthly level, the pan-European index gained 2.2%. The French CAC40 …
Read More »European Shares Down More Than 1% on Surge in Bond Selling
European shares tumbled 1.5% on Friday, led by mining and technology companies, as a jump in bond yields and concerns about rising equity valuations hurt demand for riskier assets. The benchmark European stocks index is on track to post its worst single-day performance this month.
Read More »European Stocks Decline as Treasury Yields Rise
European stocks closed lower on Thursday, amid rising treasury yields and a negative performance by most market sectors. The STOXX Europe 600 index dropped by 0.36% to close at 411.73 points. The chemicals sector led the losses as it fell by 1.8%. The French CAC40 index finished lower by 0.24%, …
Read More »Mining And Banking Lead The European Markets Higher
European stocks rose on Thursday, led by sectors seen as benefiting from a broader economic recovery as the US Federal Reserve indicated that it would maintain a loose monetary policy, while Standard Chartered shares fell as the bank’s annual earnings fell. The Bank of England lost 2.8% even after it …
Read More »European Stocks Close Higher on Positive Data
European stocks closed higher on Wednesday, supported by positive economic data and a good performance by most market sectors. The STOXX Europe 600 index rose by 0.45% to close at 413.19 points. The German DAX finished higher by 0.80%, while the French CAC40 index gained 0.31%. Meanwhile, the UK’s FTSE100 …
Read More »European Stocks Rise on to Positive Data From Germany And AstraZeneca
European stocks rose on Wednesday, February 24th, supported by better-than-expected growth for the German economy, but gains were limited by concerns about a possible increase in inflation and higher equity valuations. Official data showed that rising exports and strong construction activities helped the German economy grow at a stronger rate …
Read More »European Stocks Close in Red
European stocks declined on Tuesday, as markets continue to be affected by the rise in Treasury yields, amid a negative performance by tech stocks. The STOXX Europe 600 index fell by 0.52%, with the technology sector leading the losses and dropping by 1.8%. The German DAX index finished lower by …
Read More »European Stocks Close Lower as Treasury Yields Rise
European stocks declined on Monday, amid a continuous rise in Treasury bond yields and expectations for a surge in inflation. The STOXX Europe 600 index fell by 0.36% to close the first session of the week at the level of 413.39 points. Meanwhile, the German benchmark index DAX closed lower …
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