Europe's major stock markets rebounded at the open on Friday, after a sharp-selloff that was sparked by the China-US trade war and global economic worries.[LONDON] Europe's major stock markets rebounded at the open on Friday, after a sharp-selloff that was sparked by the China-US trade war and global economic worries.
In opening deals, London's benchmark FTSE 100 index of leading blue-chip companies rose 0.4 per cent to 7,259.59 points.In the eurozone, Frankfurt's DAX 30 jumped 0.6 per cent to 12,027.31 points, while the Paris CAC 40 gained 0.5 per cent to 5,307.80 compared with closing levels on Thursday."If the morning's gains are predicated on anything beyond a post-plunge rebound, it is likely Donald Trump's latest comments," said Spreadex analyst Connor Campbell.
"President Trump's latest comments, after slumping markets, offered hope for some potential progress at the June G20 meeting," Barclays analysts said in a research note.
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:
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: US-China trade gloom casts heavy shadow on stocks[BENGALURU] European stocks snapped a three-day winning streak on Friday amid global trade jitters after Beijing ratcheted up its war of words with Washington, while the end of Brexit talks between British political parties put a lid on risk sentiment. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks wobble at open[LONDON] European stock markets wobbled in initial trading on Wednesday, with London's FTSE 100 index up 0.4 per cent to 7,356.46 points. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks edge down on Brexit, trade war fears[BENGALURU] European shares edged lower on Wednesday on unease over developments in the US-China trade war and Britain's uncertain departure from the European Union. Read more at The Business Times. How will it end up?
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks sink at open as EU voting begins[LONDON] Europe's major stock markets fell in initial trading Thursday after losses elsewhere, as voting kicked off in European Parliament elections. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore stocks: STI resumes Friday afternoon at 3.155.60, down 0.2% on dayTHE Singapore market continued to trend lower, with sentiment weighed down by the US-China trade spat and dipping global growth, sending investors to safe-haven assets. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
S Korea: Stocks hit near 5-month low[SEOUL] South Korea's KOSPI stock index extended losses for a third week and ended at a near five-month low on Friday, as technology shares bore the brunt of selling due to escalated US-China trade tensions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
European stocks tumble in 'perfect storm' as oil prices slumpLONDON: European stock markets and oil prices slumped on Thursday (May 23) in a 'perfect storm' as Europe headed to the polls amid fresh economic ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tokyo: Stocks open lower on trade worries[TOKYO] Tokyo stocks opened lower on Friday on worries over the US-China trade war as bellicose rhetoric persisted between Washington and Beijing, pushing the safe-haven yen higher against the dollar. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Stocks to watch: Keppel Infrastructure Trust, Sunpower, Boustead Projects, CSC, Jason MarineTHE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »