European Shares Climb As China Scraps Inbound Quarantine Rules

RTTNews | 955日前
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.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

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RTTNews | 53分前
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Thai Stock Market May Spin Its Wheels On Friday

Thai Stock Market May Spin Its Wheels On Friday

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RTTNews | 2時9分前
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RTTNews | 2時39分前
Japanese Market Sharply Higher; Up 2%

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RTTNews | 2時42分前
Consolidation Likely For Hong Kong Shares

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RTTNews | 2時54分前
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 | 3時4分前