On Friday, Turkey stocks headed south after the close due to the fact losses in the Tourism, Transport, and Real Estate Investments sectors led shares down…
European stocks tack on as bank shares lead gains
On Monday, European stocks rallied in quiet trading, with bank shares leading the gains because China-US trade optimism as well as firm Chinese economic data soothed some fears over the global economy.
Eventually, the pan-European STOXX 600 index jumped by 0.1%, keeping to eight-month maximums. The banks-heavy Spanish and Italian indices led the profits.
As for Asian stocks, they started the week with an upbeat tone after American Treasury Secretary Steven Mnuchin told on Saturday that he hoped that China and America were close to the final round of trade talks.
Compass Group turned out to be amidst the biggest weights on London's blue-chip index due to the fact Barclays had stocks of the world's largest caterer t downgraded to "equal-weight".
London-listed stocks of Rio Tinto put pressure on basic resources sector. In addition to this, the mining major revealed plans to pump an extra $302 million to develop its Resolution copper project in the American state of Arizona because it’s about to expands output just to meet the flourishing market for new energy cars.
Publicis headed north by 3.4% even as the French advertising group told it would shell out $4.4 billion to buy Alliance Data's Epsilon marketing unit, expanding its North American footprint and digital business.
Among top-notch gainers was Norsk Hydro that rallied by 4.7% because the company's alumina refinery in Brazil, Alunorte as well as Brazilian public prosecutors both petitioned a federal court with the aim of lifting a production embargo.
Besides this, Daimler went down on a report that the German motor vehicle authority KBA was probing the carmaker on suspicion that up to 60,000 Mercedes vehicles were fitted with software to trick emissions tests.
On Thursday, Asian stocks went down after losses on Wall Street, although trade was subdued due to the fact that market participants waited for business polls in the European Union and were mostly on the sidelines ahead of the long Easter weekend holiday…
On Wednesday, Wall Street's key indexes stood still because a Qualcomm-led soar in chipmakers was compensated by a dive in healthcare shares for the second straight trading marathon, although quarterly gains came in largely positive…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…