[LONDON] Europe's stock markets opened lower Monday as EU leaders struggled to unite over the terms of a vast 750-billion-euro post-coronavirus economic rescue plan.
Investor sentiment was also dented as a spike in new Covid-19 infections forced some governments to impose fresh containment measures, notably in Australia, Hong Kong and the United States. In initial trade, London's benchmark FTSE 100 index shed 0.8 percent to 6,240.52 points, compared with the closing level from Friday.
In the eurozone, the Paris Cac 40 index dipped 0.4 percent to 5,047.03 points and Frankfurt's Dax 30 shed 0.3 per cent to 12,881.69.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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Singapore stocks open flat on MondaySINGAPORE shares struggled to advance at the start of the week, with the key Straits Times Index inching up 0.02 point to 2,618.50 as at 9.02am on Monday. This comes after Singapore stocks similarly drifted through most of Friday, after a dull, directionless session. Read more at The Business Times.
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Hong Kong: Stocks drop at open[HONG KONG] Hong Kong shares fell at the open Monday, with investors spooked by a spike in coronavirus infections in the city that has forced the government to impose further containment measures. Read more at The Business Times.
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Stocks to watch: Sembcorp, SIAEC, Yangzijiang, Thomson Medical, CDLHT, EC World ReitTHE following companies saw new developments that may affect trading of their securities on Monday: Read more at The Business Times.
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Which Hong Kong stocks have skyrocketed during the coronavirus pandemic? Hint: one makes toilet paperPeople may be staying away from hotels, airlines and luxury toys during Covid-19, but they’re still buying toilet paper – lots of it – explaining why Vinda International Holdings is one of the lucky few Hong Kong-listed companies reporting surging profits.Others besides Vinda that have recently issued
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