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European Shares Little Changed In Cautious Trade

RTTNews | 90 dagar sedan

European Shares Little Changed In Cautious Trade

(RTTNews) - European stocks were little changed on Monday as investors waited for Iran's response to the weekend U.S. air strikes on its nuclear sites.

Media reports suggest that Iran is mulling blocking the Strait of Hormuz, a key artery for global oil and gas supplies being sent around the world from Middle East.

Other reports said that Iran may target one of several U.S. military bases located throughout the region.

Meanwhile, Israeli officials have signaled that the country is prepared to halt its military campaign against Iran if Supreme Leader Ayatollah Ali Khamenei ceases hostilities and seeks a resolution to the conflict.

The pan-European STOXX 600 was marginally higher at 53.77 after closing 0.1 percent higher on Friday.

The German DAX and the U.K.'s FTSE 100 were little changed with a positive bias, while France's CAC 40 edged down marginally.

In corporate news, technology investor Prosus NV rose over 1 percent after it swung into profit for the first time.

Sanofi was moving higher after an announcement that the European Medicines Agency's (EMA) CHMP has recommended approval of Sarclisa, in combination with lenalidomide, bortezomib, and dexamethasone (VRd).

Online trading platform Plus500 gained 1.3 percent after it received new regulatory license in Canada. Spectris soared 15 percent after Advent International announced a £3.8 billion all-cash deal to buy the British scientific instrument manufacturer at a significant premium.

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Singapore Shares Overdue For Support On Monday

Singapore Shares Overdue For Support On Monday

The Singapore stock market has finished lower in six straight sessions, slumping more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just above the 4,300-point plateau although it's expected to open to the upside on Monday.

RTTNews | 13 minuter sedan

Malaysia Stock Market May Reclaim 1,600-Point Level

Malaysia Stock Market May Reclaim 1,600-Point Level

The Malaysia stock market has moved lower in two straight sessions, slipping almost 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just shy of the 1,600-point plateau although it's likely to bounce higher on Monday.

RTTNews | 43 minuter sedan

Japan Shares Likely To Remain Rangebound On Monday

Japan Shares Likely To Remain Rangebound On Monday

The Japanese stock market has moved lower in two of three trading days since the end of the four-day winning streak in which it had surged more than 1,430 points or 3.2 percent. The Nikkei 225 now sits just beneath the 45,050-point plateau and it may see mild upside on Monday.

RTTNews | 58 minuter sedan

Tech Shares May Lift South Korea Stock Market

Tech Shares May Lift South Korea Stock Market

The South Korea stock market has finished lower in two of three days since ending the 11-day winning streak in which it had surged more than 300 points or 9.6 percent. The KOSPI sits just above the 3,440-point plateau and it may tick higher again on Monday.

RTTNews | 1h 13minuter sedan

Hong Kong Inflation Data Due On Monday

Hong Kong Inflation Data Due On Monday

Hong Kong will on Monday release August figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 2h 13minuter sedan

Canadian Dollar Advances Against Majors

Canadian Dollar Advances Against Majors

The Canadian dollar firmed against its major counterparts in the New York session on Friday.

RTTNews | 2 dagar sedan

Swiss Market Ends Higher For 2nd Straight Session

Swiss Market Ends Higher For 2nd Straight Session

The Switzerland market opened on a slightly weak note on Friday, but recovered swiftly and then kept edging higher to eventually end the day's session on a firm note.

RTTNews | 2 dagar sedan

Major European Markets Close Slightly Weak

Major European Markets Close Slightly Weak

The major European markets closed slightly down on Friday as investors assessed recent moves of the central banks and weighed the potential impact of tariffs. A bit of profit taking also contributed to the market's weak close.

RTTNews | 2 dagar sedan

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