Best MT5 broker in IndiaCommodity BrokerECN BrokerForex trading with Capital sandsStock Broker

European shares hover near record high in thin holiday trade

European shares rise as investors hope for more stimulus

By Ritu,

Capital Sands

European shares traded near all-time highs on Tuesday in a holiday-shortened week, helped by optimism about the global economic outlook amid progress in U.S.-China trade talks.

The pan-European STOXX 600 index was nearly unchanged .

Britain’s FTSE 100 fell 0.2% and Spain’s IBEX ) eased 0.4%. France’s CAC  was trading flat, while Germany’s DAX  and Italy’s FTSE MIB  were shut for Christmas Eve.

Investor sentiment has received a boost going into the new year with the apparent easing of two of the biggest risks to global growth: the prolonged Sino-U.S. trade war and an uncertain exit for Britain from the European Union.

After nominal growth in the second and third quarters, the benchmark index is on course to end the year with its biggest annual gain in a decade. Easy monetary policy is again expected to keep a floor under European shares in 2020.

Among individual movers, Spanish sausage casing company Viscofan  fell 1.4%, while French oilfield services company Technip FMC  added 1.2%.

Related posts
BusinessCommodity Broker

Investors still remain attracted towards precious metals, thanks to US-China trade tensions

By Administrator_India Capital Sands Last week began with gold trading near record high…
Read more
Commodity BrokerEconomic News

Gold Down Over Hopes For a COVID-19 Vaccine

By Administrator_India Capital Sands Gold was down on Thursday morning in Asia, with investor…
Read more
Commodity BrokerCovid-19

Gold Up Over Rising COVID-19 Cases and U.S.-China Tensions

By Administrator_India Capital Sands Gold was up on Friday morning in Asia, amid a rising…
Read more
Newsletter
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you. [mc4wp_form id="729"]

Leave a Reply

Your email address will not be published. Required fields are marked *