European stocks shares increased on Tuesday. Better-than-expected results could have been observed on Wall Street and on Asia stock exchanges. The figures for Halliburton, Swiss bank UBS, and Apple rose, while the European stocks benchmark increased by 0,6%. Auto shares increased in general sectors: spare parts producer Hella rose its figure by 2,8%. French company Faurecia jumped by 5,9% after its first half of the year profitability. British FTSE index was prepared to a forthcoming pound decline which is caused by Boris Johnson results in his prime minister race. Expectations that the ECB will reduce interest rates were another reason for positive changes.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
On Wednesday, European stocks rose slightly after mixed earnings reports. However, the new wave of the coronavirus outbreak kept investors cautious while they also wait for the U.S. Federal Reserve’s announcement. The Stoxx Europe 600 ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
Samsung Electronics’ shares joined TSMC, its competitor, as both extended gains on Tuesday. This was mainly from upbeat expectations that Intel Corp’s plan of outsourcing more chip producers would favor the chipmakers. Shares of ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...