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 …
Read More »European Stocks Close Mixed but Rise for the Week
European stocks closed mixed on Friday, amid anticipation for a wider rollout of Coronavirus vaccines. The pan-continental STOXX Europe 600 index closed unchanged, but logged weekly gains of 3.45%, supported by the improved risk sentiment that helped Wall Street score new record highs, as well as the positive performance by …
Read More »European Stocks Rise in Early Trading
European stocks rallied Friday (February 5th), tracking optimistic sentiment on Wall Street thanks to hopes for a faster global economic recovery, while stocks in Frankfurt lagged in performance after data showed a decline in industrial orders. The European Stoxx600 index gained 0.2% and is on track to post its longest …
Read More »European Stocks Close Mixed Following BoE Meeting
European stocks closed Thursday on a mixed note, amid anticipation for the developments of the Coronavirus pandemic across the continent. The STOXX Europe 600 index rose by 0.5%, with the banking sector leading the gains and adding 2.7%. The French index CAC40 finished higher by 0.82%, while the German index …
Read More »European Stocks Rise on Improved Market Sentiment
European stocks rose on Wednesday, supported by an improved investors’ sentiment and risk appetite. The STOXX Europe 600 index gained 0.3%, with the auto industry leading the rising sectors. The German benchmark index DAX rose by 0.71%, while the French CAC40 closed nearly unchanged. Meanwhile, the UK’s FTSE100 declined by …
Read More »European Shares Rose on Earnings and Hopes For a Recovery
European stocks rose for the third session in a row on Wednesday, while focus remained on a day filled with earnings announcements, as positive sentiment extends from Asian markets thanks to hopes for a faster global economic recovery. Siemens’ shares rose 1.8% after the German engineering firm raised its forecast …
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