MSCI's ex-Japan Asia-Pacific shares index rose 0.2%, a day after it hit a two-month low while in Europe, the pan-European STOXX 600 index fell 0.3%.
Shanghai, Tokyo, Hong Kong and Seoul advanced while in Europe, the pan-European STOXX 600 index rose 0.3%.
Oil prices rose on Thursday on optimism about U.S and European economic recoveries and expectations OPEC and its allies will keep production curbs in place.
Global equity benchmarks and oil prices rose while US Treasury bonds dipped on Wednesday as investors weighed the likelihood of further US stimulus under the incoming Biden administration against worsening coronavirus outbreaks in China and the
Saudi Arabia’s stock market is set for another bumper year of stock market listings with several sizeable initial public offerings (IPO) in the pipeline as investors look to allocate a pile of cash. After the then record $29.4 billion listing of oil giant Saudi
Investors shrugged off US President Donald Trump’s second impeachment and focused instead on reports that his successor, Joe Biden, will lay out a new US $2 trillion stimulus programme later.
Shares rose in Hong Kong and Tokyo but fell in Seoul and Sydney. Shanghai didn’t have a significant change.
Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre located in Abu Dhabi, announced on Sunday that it has enacted the Data Protection Regulations 2021, which will replace the current Data Protection Regulations 2015.
World shares picked up Wednesday on positive economic data in Europe and as investors looked to a second day of testimony by Federal Reserve Chair Jerome Powell for his outlook on economic stimulus.