European stocks rise sharply, FTSE helped by weak pound | Malay Mail

European bourses, which have fewer technology stocks compared with the United States, started the week in the black, driven by a 2 per cent gain in Germany’s DAX and London’s FTSE 100. — Reuters pic

European bourses, which have fewer technology stocks compared with the United States, started the week in the black, driven by a 2 per cent gain in Germany’s DAX and London’s FTSE 100. “It is almost inevitable that the perceived probability of ‘no deal’ will escalate over the coming weeks,” Goldman Sachs analysts wrote in a note.

“Our risk indices have begun to turn from their euphoria highs,” Jefferies said, adding that it was switching its weighting on the MSCI All-World index to “tactically bearish” in the short term.In Asia, China’s blue-chip index slipped 2.3 per cent as the possible US blacklisting of China’s largest chip maker, Semiconductor Manufacturing International Corp , hit tech firms across the board.The mood across Asian markets was tentative.

In currency markets, the dollar index gained 0.15 per cent in holiday-thinned trade yesterday, while traders shifted their focus to the European Central Bank’s meeting on Thursday. Most analysts don’t expect a change in policy stance.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Tokyo stocks close higher after European markets rally | Malay MailTOKYO, Sept 8 — Tokyo stocks closed higher today as rallies in major European markets prompted investors to buy back following two days of declines. The benchmark Nikkei 225 index rose 0.80 per cent, or 184.18 points, to 23,274.13, while the broader Topix index gained 0.69 per cent, or 11.15...
Källa: malaymail - 🏆 1. / 86 Läs mer »

Bursa Malaysia in sea of red as investors dump healthcare stocks | Malay MailKUALA LUMPUR, Sept 8 — Bursa Malaysia sank into a sea of red at mid-day as investors continued to dump their shares, especially healthcare stocks amidst a lack of fresh catalysts. Healthcare counters, namely Top Glove and Hartalega suffered the most among the top 30 index-linked counters. At...
Källa: malaymail - 🏆 1. / 86 Läs mer »

Hong Kong stocks close with gains | Malay MailHONG KONG, Sept 8 — Hong Kong stocks finished in positive territory Tuesday, clawing back some of their recent losses on bargain-buying, with investors cheered by plans by the city government to further ease virus containment measures. The Hang Seng Index edged up 0.14 per cent, or 34.69 points,...
Källa: malaymail - 🏆 1. / 86 Läs mer »