Stocks

Bloomberg South Korean stocks and the currency could come under pressure as policy makers consider stricter social-distancing measures and a lockdown amid a flare-up in Covid-19 cases. Such concerns saw the benchmark Kospi index and the won slip early on Wednesday, although losses were pared after a senior health ministry official denied market rumours that authorities will raise social-distancing rules …

Bloomberg Automaker stocks gained in India after the government said it will look into cutting taxes on some vehicles. The overall market was little changed. A measure of automotive stocks climbed 1.5%, the most among 19 industry groups, while the benchmark S&P BSE Sensex Index was little changed as of 11:36 am in Mumbai. Hero Motocorp Ltd. led peers higher, …

Bloomberg Stocks climbed in Europe and Asia alongside US equity futures as America and China signalled progress on their phase-one trade deal. Treasuries edged lower with the dollar. S&P 500 futures advanced and shares rose throughout most of Asia as the two countries reaffirmed their commitment to a deal despite disagreement over issues such as tech security and Hong Kong. …

Bloomberg India’s benchmark stock index swung between gains and losses as investors assessed the recent rally that drove the gauge to a six-month high. The S&P BSE Sensex was little changed at 38,813.79 as of 11:42 am in Mumbai, having fluctuated between an advance of 0.5% and a decline of 0.3%. The NSE Nifty 50 Index was also little changed. …

Bloomberg European stocks climbed to a one-week high and equity futures rose amid a thaw in US and China relations and hopes of wider access to new coronavirus treatments. The rally in the Europe Stoxx 600 Index was broad based, with all 19 industries posting gains. BT Group advanced after Sky News reported that the board is on alert for …

Bloomberg Indian stocks climbed along with Asian equities, with the benchmark index forming a pattern that some analysts read as a sign of more gains to come. The S&P BSE Sensex climbed 0.6% to 38,673.41 as of 10:17 am in Mumbai, making a ‘golden cross’ — a bullish indicator when the 50-day moving average rises above the 200-day line. The …

Bloomberg South Africa’s main stock index advances for a second day, rising 1.3% by 9:46 am in Johannesburg, as improved risk appetite among investors spurs gains for 104 of the 150 listed companies. Naspers Ltd. contributed the most to the rising benchmark index, climbing 2.5% to the highest in more than a week after assurances from White House officials that …

Bloomberg Shares of Hong Kong-based companies climbed, with a gauge reaching its highest in five months, after local media reported the number of new coronavirus cases fell to single digits for the first time since July. The MSCI Hong Kong Index rise 2% as of 4:22 pm The city was expected to report nine new infections on Monday, the South …

Bloomberg European stocks turned higher with US futures as investors signalled continued optimism in the post-pandemic rally after shares hit all-time highs on Wall Street. Gold slipped back below $2,000 an ounce. Gains in food shares including Nestle SA countered declines in insurers on the Stoxx Europe 600 Index. Contracts on both the S&P 500 and Nasdaq 100 swings to …

Bloomberg The dollar sinks to its lowest level since May 2018 on concern that the world’s biggest economy will struggle to regain momentum amid a standoff over further virus relief and as infections continue to mount. The greenback has now erased most of the gains it built on the back of US-China trade tensions that started heating up around two …