European stocks rallied on Wednesday, December 23, as investors encouraged a report indicating the possibility of signing a trade deal later in the day for the post-Brexit phase, amid concerns about the long-awaited passage of a coronavirus-related aid package in the United States. The European Stoxx600 index rose 0.4% after …
Read More »European Stocks Decline on New Coronavirus Variant Fears
European stocks plunged on Monday, opening the week with a negative performance amid fears about a new variant of the Coronavirus. The pan European STOXX 600 index closed lower by 2.3%. Meanwhile, the UK’s FTSE100 finished lower by 1.73%. In Germany, the DAX index plummeted by 2.82%, while in France …
Read More »European Stocks End Friday in Red
European stocks closed Friday lower on the negative tone recently expressed by the United Kingdom (UK) and the European Union (EU) regarding trade talks for the post-Brexit stage. The STOXX Europe 600 index finished lower by 0.3%, with the retail sector leading the losses. The UK’s FTSE100 also settled lower …
Read More »European Stocks End Thursday in Green
European stocks closed higher on Thursday, one day after the United States Federal Reserve vowed to maintain its policy in support of the economy in the face of the Coronavirus crisis. The pan-European STOXX 600 index finished higher by 0.4%, supported by a strong performance by the majority of market …
Read More »European Stocks Rise For a Fourth Session on Optimism
European shares remained at their highest level in ten months Thursday, December 17th, as hopes for more stimulus in the United States and possible distribution of COVID-19 vaccines in Europe boosted expectations for a global economic recovery. The German DAX index rose 1.1% to reach its highest level since February, …
Read More »European Stocks Close Higher Amid Optimism
European stocks closed higher on Wednesday, supported by an improved investors’ sentiment regarding the rollout of new Coronavirus vaccines. The pan-European STOXX 600 index finished higher by 0.8%, supported by gains by the majority of market sectors, except for the baking stocks, with the insurance index heading the gains. The …
Read More »European Stocks Close Mostly Higher
European stocks finished Tuesday higher, supported by optimism about the new Coronavirus vaccines. The STOXX Europe 600 index rose by 0.35%. Meanwhile, the UK’s FTSE100 declined by 0.28%, amid anticipation for the outcomes of Brexit trade talks. In France, the CAC40 index gained 0.18% to close at 5,537.8. The German …
Read More »European Stocks stable as Anti-Coronavirus Measures Tighten
European shares stabilized on Tuesday (December 15th), after an increase in cases of Covid-19 disease forced governments to tighten control measures across the continent, negatively affecting optimism about the distribution of vaccines and hopes for a trade agreement between Britain and the European Union. A new strain of Coronavirus was …
Read More »European Stocks Finish Higher on Brexit Deal Hopes
European stocks closed higher on Monday, opening the week with a positive performance, amid hopes for Britain and the European Union (EU) soon reaching a trade agreement for the post-Brexit stage, before the end of the year and the transition period. The pan-European STOXX Europe 600 index added 0.4%. The …
Read More »Extended of Brexit Talks Pushes European Stocks
European stocks rose Monday, December 14th, as the decision to extend trade talks between Britain and the European Union kept hopes for an agreement, but the leading stocks in London were negatively affected by the rise of the British pound and AstraZeneca down by 6.3%. The European Stoxx600 index rose …
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