European stocks finished lower on Monday as Britain's export-heavy FTSE index tumbled due to a stronger pound, while selling in defensive sectors such as healthcare and utilities dented early gains in markets.[BENGALURU] European stocks finished lower on Monday as Britain's export-heavy FTSE index tumbled due to a stronger pound, while selling in defensive sectors such as healthcare and utilities dented early gains in markets.
However, investors were mostly looking ahead to the ECB's policy meeting on Thursday, when the central bank is expected to introduce a new wave of monetary stimulus.Europe's banking index, the worst performer this year among major subsectors, rose 2.2 per cent to hit more than a one-month high.
Banking-heavy indexes of Milan and Madrid rose about 0.2 per cent, with Santander's shares gaining 2.4 per cent after the Spanish bank said it would raise its ownership of its Mexican business to 91.65 per cent from 74.96 per cent after a stock exchange offer.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks little changed, pound hits 6-week highNEW YORK (REUTERS) - A gauge of global stocks held near flat on Monday (Sept 9) after bouncing between gains and losses as investors questioned whether likely stimulus measures from the world's central banks would be enough to deter slowing growth, while the pound hit a six-week high in choppy trading.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US stocks flat ahead of key data, ECB meetingNEW YORK: Wall Street stocks finished little changed on Monday (Sep 9), essentially pausing after two good weeks for equities and ahead of key ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Stimulus hopes lift Wall Street, financial stocks lead gainsU.S. stock index futures ticked higher on Monday, as mixed global economic data drove expectations of monetary stimulus from central banks, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Singapore stocks: STI resumes Monday afternoon at 3,149.10, up 0.15% on daySINGAPORE stocks continued to edge up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.15 per cent or 4.62 points on the day to 3,149.10 as at 1.03pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
South Korea: Stocks rise on China's liquidity boost[SEOUL] South Korean shares climbed on Monday, as investors expected China's latest policy easing measure would support Seoul's exports to its biggest trade partner. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »