European Shares Surge As Sino-US Tensions Ease

RTTNews | 58 gün önce
European Shares Surge As Sino-US Tensions Ease

(RTTNews) - European stocks advanced on Friday after a White House official said the United States has struck a deal with China to expedite rare earth shipments, marking a significant step towards resolving their ongoing trade war.

Beijing said Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls.

The pan European STOXX 600 jumped 0.9 percent to 542.15 and was on track to log its first weekly gain in three weeks.

The German DAX gained 0.9 percent, France's CAC 40 rallied 1.2 percent and the U.K.'s FTSE 100 was up half a percent.

Automakers BMW, Mercedes Benz, Renault and Volkswagen were up 1-2 percent.

RTL Group shares soared 16 percent. In an unexpected move, the German broadcast giant has agreed to acquire German pay-TV Sky Deutschland.

Switzerland's Sika added 1.3 percent after buying Qatar-based Gulf Additive Factory.

Bayer AG rose nearly 2 percent as it secured the European Commission's approval for the eight-milligram dose of its Eylea drug.

Sportswear makers Puma and Adidas surged 4-5 percent after U.S. peer Nike forecast a smaller-than-expected decline in its Q1 revenue.

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Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | 32 dakika önce
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 44 dakika önce
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | 1s 2 dakika önce
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
RTTNews | 1s 3 dakika önce
Hong Kong Shares Tipped To Open In The Green

Hong Kong Shares Tipped To Open In The Green

The Hong Kong stock market has moved higher in two of three trading days since the end of the four-day losing streak in which it had fallen more than 480 points or 1.7 percent. The Hang Seng Index now rests just beneath the 25,340-point plateau and it's expected to open higher again on Monday.
RTTNews | 1s 17 dakika önce
China Stock Market May Extend Winning Streak

China Stock Market May Extend Winning Streak

The China stock market has moved higher in three straight sessions, advancing almost 100 points or 2.9 percent along the way. The Shanghai Composite Index now sits just above the 3,825-point plateau and it's expected to add to its winnings again on Monday.
RTTNews | 1s 32 dakika önce
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 23,760-point plateau, although it's likely to bounce higher again on Monday.
RTTNews | 2s 2 dakika önce
Singapore Stock Market May See Additional Support On Monday

Singapore Stock Market May See Additional Support On Monday

The Singapore stock market has climbed higher in four straight sessions, improving more than 65 points or 1.5 percent along the way. The Straits Times Index now sits just above the 4,250-point plateau and it's got a strong lead again for Monday's trade.
RTTNews | 2s 32 dakika önce