Stocks

Chinese data gives stock markets early year shot in the arm

  LONDON / AP Global stocks advanced on Tuesday, with US markets set to ring in 2017 with gains, after upbeat Chinese and British manufacturing data bolstered investor sentiment. The dollar and oil prices started the new year as they closed out the last — pushing higher. KEEPING SCORE: Britain’s FTSE 100 rose 0.7 percent to 7,194.02 and France’s CAC ...

Read More »

Stocks start 2017 with gains, many markets stay shut

  LONDON / AP Global stocks rose on the first day of 2017, though trading volumes were thin as many major markets observed New Year’s holidays. KEEPING SCORE: Germany’s DAX was up 0.8 percent at 11,574 and France’s CAC 40 was 0.4 percent higher at 4,883. Italy’s FTSE MIB was up 1.5 percent at 18,520, though trading was still suspended ...

Read More »

Dollar slips as US stocks rebound, metals gain

  Bloomberg The dollar dropped the most in two weeks while oil retreated from its highest close in 17 months as investors prepared to close out a volatile year for financial markets. US stocks rebounded from the biggest slide in two months. The Bloomberg Dollar Spot Index fell for the first time in four days after reaching the highest level ...

Read More »

European stock markets pause, London lifted by ‘Santa Rally’

  London / AFP European stocks turned flat on Wednesday but London coasted higher on the back of a Santa Rally in subdued trade after a long Christmas holiday. The British capital’s benchmark FTSE 100 index of top blue-chip firms won 0.4 percent from last Friday’s close, as traders returned from a four-day holiday weekend. Frankfurt and Paris, which had ...

Read More »

Toshiba and Italian banks ripple calm markets

  London / AFP A plunge in the share price of Toshiba over a possible write-down and the bailout of one of Italy’s top banks were the biggest ripples in otherwise placid trading on Tuesday. “Markets are calm, as thin holiday volumes are in play,” said market analyst Ipek Ozkardeskaya at London Capital Group. However a 12 percent meltdown in ...

Read More »

Global shares mixed with Yen gaining in thin trade

  Reuters Global stocks were mixed on a day when many markets were closed for a holiday. Japanese shares fell as the yen gained against the dollar, while Chinese equities recovered from earlier losses. The Topix index slipped in Tokyo on trading volumes around 40 percent below the 30-day average. The Shanghai Composite Index erased a drop of as much ...

Read More »

Monte dei Paschi woes in focus as stock markets ease

  London/ AFP European equities drifted mostly lower on Thursday in quiet pre-holiday trade, with investors awaiting news on the fate of crippled bank Monte dei Paschi di Siena (BMPS). Wall Street also eased at the opening, slipping further away from the elusive 20,000 target on the Dow index. “The long awaited 20,000 benchmark on the Dow isn’t breached yet ...

Read More »

European stocks drop as Italian bank woes resurface

  London / AFP Europe’s main stock markets dropped on Wednesday, with focus once more on Italian bank Monte dei Paschi, whose shares tumbled on fading hopes that it will avoid a state bailout. Around 1115 GMT, London’s benchmark FTSE 100 index was down 0.2 percent compared with the close on Tuesday. In the eurozone, Frankfurt’s DAX 30 slipped 0.1 ...

Read More »

World markets struggle after fatal attacks in Europe

  London / AFP Global markets struggled on Tuesday as traders mulled the impact of this week’s deadly attacks in Europe before the Christmas and New Year holiday. Frankfurt and London were flat around midday after Monday’s fatal attacks in Germany and Turkey, Paris eked out gains and most Asian indices faltered. At least 12 people were killed and dozens ...

Read More »

Asian shares slip as US-China drone row drags on sentiment

  HONG KONG / AP Most Asian stock benchmarks lost ground on Monday as investors fretted over the potential political and economic fallout from China’s capture of a US underwater glider. Worries over China’s effort to stem outflows of capital also overshadowed the Hong Kong market following an economic work conference in Beijing late last week. KEEPING SCORE: Japan’s benchmark ...

Read More »
Send this to a friend