Europe: Stocks pause after third week of gains

📆 22/6/2562 10:41:00
📰 BusinessTimes

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[BENGALURU] European shares retreated on Friday, led by healthcare and media companies, at the end of a third week of gains dominated by signs that the world's big central banks are on the verge of another round of action to support growth. Read more at The Business Times.

Against that were German and French purchasing manager surveys which both topped expectations but were not enough to undo expectations that the European Central Bank and others will need to take action to support growth soon.

The benchmark index, is on course to recover almost all of its losses from a sharp sell-off in May, as the Federal Reserve and ECB signalled that they were ready to act to counter the impact of US-China trade tensions on a slowing global economy. Healthcare stocks led losses on the STOXX 600, down 1.4 per cent after three days of gains when it added 3 per cent.

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Hong Kong: Stocks extend gains at open[HONG KONG] Hong Kong stocks extended a rally into a fourth straight day on Thursday after the Federal Reserve paved the way for a cut in interest rates. Read more at The Business Times.
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Stocks to watch: Keppel Corp, Cromwell E-Reit, Straits Trading, Del MonteTHE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.
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Tokyo: Stocks open lower on stronger yen[TOKYO] Tokyo stocks opened lower on Friday as a negative impact from a firmer yen against the dollar overwhelmed positive sentiment from rallies on Wall Street. Read more at The Business Times.
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