Global stocks, oil prices rebound as Iran anxiety eases

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 99%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Global stock markets and oil prices rebounded Thursday as anxiety over potential U.S.-Iranian conflict eased.

London and Frankfurt opened higher and Tokyo gained more than 2%. Shanghai and Hong Kong also advanced.

In early trading, London's FTSE 100 gained 0.4% to 7,609.67 and Frankfurt's DAX rose 1.5% to 13,520.35. France's CAC 40 added 0.6% to 6,068.31. In Asia, Tokyo's Nikkei 225 powered ahead 2.3% to 23,739.87 and Hong Kong's Hang Seng rose 1.7% to 28,561.00. The Shanghai Composite Index added 0.9% to 3,094.88.

Benchmark U.S. crude gained 43 cents to $60.05 per barrel in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract fell $3.09 to settle at $59.61. It traded as high as $65.65 following the missile attack.

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:

 /  🏆 1. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh Boy CTV, Your WWlll lasted along time!

South Africa South Africa Latest News, South Africa South Africa Headlines