European stocks rose in early trade on Wednesday and the FTSE 100 outperformed its peers after a long Christmas weekend as investors assessed Beijing’s steps towards reopening its Covid-hit economy. The STOXX 600 European shares rose 0.3 percent by 08:09 GMT, while the Financial Times 100 rose 0.9 percent, as commodity-related stocks and shares of … Read more
European shares gained on Friday at the open, after Sanofi and GlaxoSmithKline led a recovery in healthcare shares, and the main Stoxx 600 index was poised for weekly gains. Sanofi rose 1.6 percent, while GlaxoSmithKline rose 3.0 percent, after heavy selling in the previous session due to concerns about a US lawsuit focused on a … Read more
European shares began the session on Thursday on a rise, to consolidate gains in the previous session, after data showed signs of slowing inflation in the United States, while shares of the Dutch insurance company Aegon rose after it raised its expectations for the full year. The pan-European Stoxx 600 index rose 0.4 percent after … Read more
European shares rebounded on Friday, recovering after falling over the previous two sessions, with investors focused on next week’s European Central Bank policy meeting and political turmoil in Italy, and as fears that the US Federal Reserve is heading for a 100-point rate hike, after some hawkish policymakers announced They prefer the next increase to … Read more
LONDON (Archyde.com) – European shares fell on Wednesday, after concerns about a global recession outweighed recent optimism about the lifting of lockdown restrictions in China. The pan-European Stoxx 600 index fell 0.7 percent by 0708 GMT, ending a three-day rally after a rough trading session on Wall Street overnight, on the back of bleak consumer … Read more
LONDON (Archyde.com) – European stock indexes rose on Monday, boosted by bank and insurance stocks, which are strongly affected by interest rate movements, as government bond yields continued to rise, while the atmosphere also improved with hopes of a peace deal to end the Ukraine crisis.The pan-European Stoxx 600 index rose 0.7 percent, close to … Read more
LONDON (Archyde.com) – European shares fell on Tuesday, led by commodity-related shares, as rising concerns about a jump in coronavirus infections in China exacerbated tensions ahead of an expected rise in US interest rates.The pan-European STOXX 600 index closed 0.3 percent lower after rising in the previous two sessions when hopes of progress in peace … Read more
LONDON (Archyde.com) – European shares rebounded on Monday after five straight weeks of losses, as gains in mining stocks and positive business results outweighed fears of a series of looming monetary policy tightening and geopolitical tension. The pan-European Stoxx 600 index rose 0.1 percent, after falling 0.7 percent last week. Read also: European shares rise, … Read more