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Europe's main stock markets opened higher Thursday as earnings and stimulus optimism offset simmering China tensions, dealers said.
London's benchmark FTSE 100 index of major blue-chip companies rose 0.3 per cent to 6,225.61 points compared with the closing level on Wednesday.
In the eurozone, the Paris CAC 40 index climbed 0.4 per cent to 5,058.65 points and Frankfurt's DAX 30 gained 0.4 per cent to 13,159.99.
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"Hopes of more US stimulus and upbeat US earnings overnight are overshadowing rising Western tensions with China," said City Index analys Fiona Cincotta.
Asian markets were mixed Thursday as investors juggled hopes for a new US stimulus deal with concerns about the coronavirus and another flare-up between China and the United States.
The pan-European STOXX 600 index fell 1.9%, on track for its biggest one-day drop in a month, pushing it to a weekly loss for the first time in four weeks.
European stocks struggled for direction on Tuesday, with banking shares declining ahead of the US and UK central bank meetings this week.
London's benchmark FTSE 100 index of major blue-chip companies shed 2.1 per cent to 5,882.30 points, compared with Friday's closing level.
The pan-European STOXX 600 index fell 0.8%, recovering slightly after hitting its lowest level since June 26, while bourses in Frankfurt, London and Paris were down between 0.3% and 0.6%.
World stocks remained on course for their best month ever on Friday as recent vaccine progress, Joe Biden’s US presidential election win, hopes for further stimulus, a commodity surge and descending dollar all lifted the spirits.
Ras Al Khaimah: Ras Al Khaimah International Airport (RAK Airport) on Friday welcomed the first scheduled SpiceJet passenger flight, with the aircraft’s arrival heralding the commencement of both a new phase of operations for the UAE transport
The UAE has taken a leadership role in the Middle East region in technology adoption in real estate sector. Dubai has largely been responsible for changing the mindset when it comes to adopting new technologies.
According to a recent report, investment in the edutech industry climbed from $16.3 billion in 2018 to $18.7 billion last year, reflecting a steady growth in the second consecutive year.