"Although we expect the Euro area economy to recover rapidly from the downturn, the scale of the output decline raises the risk of long-lasting 'scars' to the economy's productive capacity," Goldman Sachs analysts wrote in a note.
The trade-sensitive German DAX closed flat after data showed Europe's largest economy contracted by a record 9.7 per cent in the second quarter, but marked a minor upward revision from an earlier estimate of minus 10.1 per cent.An unexpected drop in US consumer confidence also weighed, as it pointed to a likely stalling in the world's largest economy.
Technology stocks were among the biggest gainers on the day. Aveva Group rose 7.2 per cent after announcing a deal to buy OSIsoft, a privately held maker of industrial software, for an enterprise value of US$5 billion.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Europe: Stocks start the week strong on virus treatment hopes[BENGALURU] European stocks marked their best day in nearly two weeks on Monday as signs of progress in developing a Covid-19 treatment offset fears about a resurgence in virus cases stalling an economic recovery. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Hong Kong: Stocks close with big gains[HONG KONG] Hong Kong shares finished sharply higher Monday, in line with a rally across Asia following a record lead from Wall Street. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Tokyo: Stocks close higher on investor sentiment[TOKYO] Tokyo stocks closed higher on Monday as investor sentiment improved, with Hong Kong shares rising after a strong lead from Wall Street. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Seoul: Stocks rise 1% on virus treatment hopes, drop in new cases[SEOUL] South Korean shares rose just over 1 per cent on Monday, in line with Asian peers, as the US drug regulator's authorisation of the use of blood plasma from recovered patients as a Covid-19 treatment lifted sentiment, while new domestic cases slowed. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Global stocks rally as investors pin hopes on coronavirus treatmentAsian shares advanced for a second straight session on Monday, underpinned by coronavirus hopes after U.S. regulators authorised the use of blood ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »