News Formal

Europe: Stocks extend year-end rally on Brexit deal boost

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

South Africa News News

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

[BENGALURU] European stocks closed at a fresh 10-month high on Tuesday, powered by a Brexit trade deal, hopes of a bigger US stimulus package and a marathon Covid-19 vaccination campaign. Read more at The Business Times.

The coronavirus pandemic also remains as a source of uncertainty, given that economic ructions from the virus will persist in the time taken for widespread vaccination.

For the day, British e-commerce firm Hut Group topped the STOXX 600 after it said it would buy Dermstore, an online retailer owned by Target Corp for US$350 million in cash. The German DAX retreated 0.2 per cent from a record high, while France's CAC 40 index added 0.4 per cent.The US House of Representatives voted to meet President Donald Trump's demand for US$2,000 COVID-19 relief checks on Monday, sending the measure onto the Republican-controlled Senate.

Software group SAP rose 1.5 per cent after its unit, Qualtrics International, filed for a US initial public offering.

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:

 /  🏆 15. in ZA
 

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

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

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe: Frankfurt stocks open at record high as Europe rises[LONDON] European stock markets extended the week's strong rally Friday, with Frankfurt opening at a record high. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks end lower as risk rally winds down[BENGALURU] European stocks ended a five-day winning streak on Wednesday as investors locked in recent gains, although positive vaccine and Brexit trends pointed to a stronger 2021 for regional markets. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks rally at open[LONDON] European stock markets rallied at the open on Wednesday, building on the previous session's strong gains driven by progress over a US stimulus deal and on tackling the coronavirus pandemic. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks rebound in early deals[LONDON] European stock markets rebounded early Monday from recent heavy losses, with London's benchmark FTSE 100 index up 0.7 per cent at 6,452.24 points. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks hesitant at open[LONDON] European stock markets hesitated at the start of trading on Wednesday, with London's benchmark FTSE 100 index almost flat at 6,757.08 points. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »