Trends - European stocks - Business Recorder

Markets

Wall St closes higher, dollar drops as remarkable year winds down

Emerging market stocks rose 1.73pc. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.85pc higher, while Japan's Nikkei lost 0.45pc.

Published 31 Dec, 2020 03:52am

Markets

European stocks inch higher as AstraZeneca gains on UK vaccine approval

Most markets in the region were subdued due to thin volumes in a holiday-shortened week. The German DAX was flat, while French and Spanish stocks slipped 0.1% each.

Published 30 Dec, 2020 03:09pm

Markets

European stocks extend year-end rally on Brexit deal boost

Irish stocks, also considered a barometer of Brexit sentiment, closed 1.3% higher at their strongest level in more than 13 years.

Published 30 Dec, 2020 12:47am

Markets

Wall St follows European stocks higher on stimulus, Brexit

But crude prices slumped as weak demand and a potential increase in production offset the effects of the fiscal aid package.

Published 29 Dec, 2020 01:00am

Markets

Stocks peak on vaccine, U.S. stimulus and Brexit deal hopes; dollar slumps

Europe's strong open saw stocks rise 1pc to nine-month highs, with the UK's FTSE 100 index jumping 1.3pc.

Published 16 Dec, 2020 05:21pm

Markets

European stocks extend gains on vaccine, Biden

London stocks gained 0.9 percent in afternoon trading, while Frankfurt rose by 0.4 percent and Paris added 0.5 percent.

Published 11 Nov, 2020 09:03pm

Markets

Upbeat earnings lift European stocks, glitch hits trading in some markets

As daily cases in Italy hit a new record over the weekend, Prime Minister Giuseppe Conte gave mayors the power to shut public squares from 9 p.m. to halt gatherings.

Published 19 Oct, 2020 04:23pm

Markets

Europe stocks up on Gilead's remdesivir as COVID-19 infections spike

Spain, one of the countries with the highest number of infections in Europe, had nearly 10,700 people hospitalised for COVID-19 as of Tuesday.

Published 08 Oct, 2020 05:06pm

Markets

European stocks flat as upbeat earnings offset US stimulus doubts

The pan-European STOXX 600 index was trading flat, with banks, insurers and energy companies retreating after a rally in the previous session.

Published 07 Oct, 2020 05:04pm

Markets

European stocks seek direction after Wall Street rally

The pan-European STOXX 600 slipped 0.1pc by 0716 GMT, with the German DAX and France's CAC 40 trading flat, while London's FTSE 100 slipped 0.2pc.

Published 06 Oct, 2020 04:55pm

Markets

Dealmaking, Trump's health update boost European stocks

The pan-European STOXX 600 index was up 0.6pc, adding to last week's near-2pc gain.

Published 05 Oct, 2020 04:27pm

Business & Finance

Trump, Paris coronavirus alert hit European stocks

The pan-European STOXX 600 fell 0.5pc, although pulling back from early losses of as much as 1.1pc.

Published 02 Oct, 2020 06:59pm

Markets

H&M, STMicro results boost European stocks at start of new quarter

H&M surged 6.2pc as it reported a third-quarter profit above analysts' expectations and said sales continued to recover in September.

Published 01 Oct, 2020 03:30pm

Markets

European shares set for monthly loss on virus, US election worries

French waste and water management company Suez SA jumped 7.1pc after bigger rival Veolia raised its offer to buy a 29.9pc stake in the company.

Published 30 Sep, 2020 04:23pm

Markets

European stocks set for worst week in 3 months as COVID-19 cases rise

Nestle gained 1.6pc after HSBC upgraded the stock to "buy" on expectations of a boost to revenue from its health science unit.

Published 25 Sep, 2020 04:11pm

Markets

European stocks rebound slightly, supported by oil and tobacco

Oil stocks jump as crude prices gain.
UK midcaps weaker as lockdown measures awaited.
Travel stocks extend declines as virus cases rise.

Published 22 Sep, 2020 11:08pm

Markets

European stocks bounce on tech support, virus concerns linger

The pan-European STOXX 600 index rose 0.8pc, recovering from its worst fall in three months, with technology stocks that have outperformed this year, rising 1.6pc.

Published 22 Sep, 2020 03:56pm

Markets

Lockdown worries knock European stocks, banks hit by reports of illicit money flows

The pan-European STOXX 600 slumped 2.2pc, further distancing itself from a one-month closing high hit last week, with Britain's banking-heavy FTSE 100 down 2.7pc.

Published 21 Sep, 2020 03:35pm

Markets

Europe totters after Wall Street rally, Maersk jumps

After opening lower, the pan-European STOXX 600 index edged up 0.1pc, with bourses in Germany, London and France trading nearly flat.

Published 19 Aug, 2020 05:03pm

Markets

European stocks extend gains, dollar weakens

Analysts said there was not too much concern on markets about possible tax hikes if Joe Biden beats President Donald Trump in the race for the White House.

Published 18 Aug, 2020 05:13pm

Markets

European stocks flat, miners offset losses in travel sector

Travel stocks fell 0.7pc, continuing to slide after the United Kingdom added France and other countries to its quarantine list last week.

Published 17 Aug, 2020 04:46pm

Markets

European shares end near 3-week high as auto, travel sectors rally

Carmakers surge as China auto sales surge in July.
German online retailer Zalando gains on upbeat sales.
Markets shrug off weak UK employment report.
German investor sentiment improves in August- ZEW Institute.

Published 12 Aug, 2020 12:20am

Markets

European stocks rally at open

London's benchmark FTSE 100 index grew 0.9 percent to 6,107.75 points.

Published 11 Aug, 2020 04:45pm

Markets

Europe near 3-week high as auto, travel shares surge

The pan-European STOXX 600 index rose 1.6pc, led again by a rally in sectors more exposed to economic swings like travel and leisure, miners and energy firms.

Published 11 Aug, 2020 04:13pm

Markets

Tech stocks stand tall in Europe after strong FANG, Nokia earnings

Apple chip suppliers including AMS, Dialog Semiconductor and STMicro rose between 2.3pc and 3pc.

Published 31 Jul, 2020 05:35pm

Markets

European shares edge higher, luxury stocks dampened by weak results

The pan-European STOXX 600, German DAX and London's FTSE 100 all rose 0.4pc.

Published 28 Jul, 2020 04:41pm

Markets

European stocks in reverse as US-China tensions spike, carmakers slide

The pan-European STOXX 600 was down nearly 1pc, easing from its strongest close since March 5.

Published 22 Jul, 2020 04:25pm

Markets

European stock markets rally on upbeat data

Markets across Asia immediately dropped. But soon after, Trump tweeted: "The China Trade Deal is fully intact. Hopefully they will continue to live up to the terms of the Agreement!"

Published 23 Jun, 2020 05:30pm

Markets

European stocks extend gains at open

London's benchmark FTSE 100 index grew 0.5 percent to 6,271.12 points.

Published 17 Jun, 2020 05:38pm

Markets

BofA sees 10pc further upside for European equities by Q3

European stocks have already bounced back 38pc from their March trough at the peak of the COVID-19 financial market crash and a further 10pc rise would cover all the losses year-to-date.
The bank is "overweight" on banks and mining stocks, seeing th

Published 05 Jun, 2020 03:03pm