European Shares Climb As China Scraps Inbound Quarantine Rules

RTTNews | Před 954 dny
European Shares Climb As China Scraps Inbound Quarantine Rules

(RTTNews) - European stocks opened higher on Tuesday as trading resumed after a long Christmas holiday weekend. U.K. markets remain closed for a public holiday.

The pan-European STOXX Europe 600 index was up half a percent at 429.65 after China decided to lift the mandatory quarantine rules for international travelers from January 8 in a major shift from its zero-COVID policy.

The German DAX climbed 0.8 percent and France's CAC 40 index jumped 1.1 percent on hopes for a recovery in the world's second-largest economy.

China-exposed luxury firms LVMH and Kering both rose around 2 percent on hopes of improved Chinese demand.

Skanska AB, a Swedish construction and development firm, gained 1.1 percent after it signed a $56 million worth contract with AECOM to repair Norfolk Naval Shipyard berths in Portsmouth, Virginia, USA.

Swiss fintech Leonteq tumbled nearly 4 percent after lowering its profit expectations for 2022, citing reduced client demand.

read more
Thai Stock Market May Spin Its Wheels On Friday

Thai Stock Market May Spin Its Wheels On Friday

The Thai stock market has moved higher in four straight sessions, gathering almost 50 points or 4.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,265-point plateau although it may be stuck in neutral on Friday.
RTTNews | Před 22 minutami
Continued Consolidation Called For Indonesia Stock Market

Continued Consolidation Called For Indonesia Stock Market

The Indonesia stock market has finished lower in back-to-back sessions, slipping more than 25 points or 0.3 percent in that span. The Jakarta Composite Index now sits just above the 7,490-point plateau and it may take further damage on Friday.
RTTNews | Před 52 minutami
Japanese Market Sharply Higher; Up 2%

Japanese Market Sharply Higher; Up 2%

Extending the gains in the previous three sessions, the Japanese market is sharply higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is jumping almost 2 percent to above the 41,850 level, with gains across all sectors led by index heavyweights, exporters and technology stocks.
RTTNews | Před 56 minutami
Consolidation Likely For Hong Kong Shares

Consolidation Likely For Hong Kong Shares

The Hong Kong stock market has moved higher in four straight sessions, advancing more than 570 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 25,080-point plateau although it may see some profit taking on Friday.
RTTNews | Před 1 h 7 min
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
RTTNews | Před 1 h 17 min
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in four straight sessions, gathering almost 80 points or 2.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,640-point plateau although it may run out of steam on Friday.
RTTNews | Před 1 h 22 min
Taiwan Stock Market May Hand Back Thursday's Gains

Taiwan Stock Market May Hand Back Thursday's Gains

The Taiwan stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 24,000-point plateau although it's likely to turn lower again on Friday.
RTTNews | Před 1 h 52 min