European stocks closed higher on Monday, opening the week with its best performance in nearly two weeks. The STOXX Europe 600 index finished higher by 1.6%, with the majority of the market sectors closing on gains, due to improved investors’ sentiment with positive news about COVID-19 vaccine and cures. The …
Read More »European Stocks Finish Lower on Negative Data
European stocks finished lower on Friday, after PMI data showed a decline in economic expansion in the Eurozone, reflecting challenges in the road to recovery from the impacts of the COVID-19 crisis. The Stoxx Europe 600 index closed lower by 0.21%, increasing its weekly losses to 0.9%. Meanwhile, the UK’s …
Read More »European Stocks Close Lower on Negative Expectations
European stocks closed lower on Thursday, following expectations by the US Federal Reserve that the COVID-19 will weigh heavily on economic activity on the short-term. The pan-continental STOXX Europe 600 settled lower by 1%. The UK’s FTSE100 also declined by 1.61%, while the French index CAC40 finished lower by 1.33%. …
Read More »Banks Lead Gains in European Stock Markets
European Stocks closed higher on Wednesday, as banking shares achieved high gains, boosted by some positive earnings reports and the record-breaking rises in Wall Street. Stoxx Europe 600 added 0.60%, while FTSE100 rose by 0.58%. CAC40 settled higher by 0.79%, and DAX finished on a 0.74% increase.
Read More »European Stocks Finish Lower
European stocks closed lower on Tuesday, after rising earlier in the session, mainly due to losses by banks and energy shares. The Stoxx Europe 600 index settled lower by 0.66% or 2.45 points at 366.81. Meanwhile, FTSE100 lost 0.83%, while CAC40 finished lower by 0.68%. DAX closed lower by 0.30%, …
Read More »European Stocks Finish Higher
European stocks finished higher on Monday after fluctuating throughout the first session of the week, due to rising political tensions and concerns regarding the COVID-19 pandemic. The Stoxx Europe 600 index added 0.41% or 1.5 points to settle at 369.57. In the UK, the FTSE100 index closed higher by 0.61%, …
Read More »European Stocks Ends Week in Losses
Concerns over a second wave of the coronavirus disease (COVID-19) led European stocks to close lower on Friday. The STOXX Europe 600 index fell by 1.17% to end the week at the level of 368.16 points. Meanwhile, FTSE100 dropped by 1.55%, and CAC40 settled lower by 1.58%. DAX fell by …
Read More »European Stocks Settle Lower
European stocks closed lower on Thursday, due to negative earnings reports by a number of major listed companies. The Stoxx Europe 600 index declined by 0.46%, while FTSE100 dropped 1.50%. In France, the CAC40 index settled lower by 0.61%, while the German DAX fell by 0.50%.
Read More »European Stocks Falling Due to US Tariffs And Airbus dips
European stocks halted a four-day winning streak on Thursday, with the US government imposing tariffs on Airbus and a host of other European commodities unchanged, while trading in a group of blue-chip stocks after the right to distribute cash left the British FTSE100 index down. The European Stoxx600 index fell …
Read More »European Stocks Maintain Gains
European stocks continued with the upward trend on Wednesday, as the STOXX Europe 600 index closed up by over 1.14%. Most of the market sectors registered gains, with telecom, travel, and entertainment stocks showing strong performance. The FTSE100 index gained 2.04%, supported by positive economic data in the UK. Meanwhile, …
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