Markets » Europe Equity

Stocks

Eurozone stocks scale record peaks as ECB sits tight on rates

LONDON: French and German stock markets hit record peaks Thursday with the euro weakened by dimmed expectations of ...

Published 18 Nov, 2021 05:59pm

Stocks

European stocks mostly rise; London hit by strong pound

LONDON: European equities mostly firmed Wednesday but London fell on the strong pound, as spiking UK inflation...

Published 17 Nov, 2021 05:48pm

Stocks

Biden-Xi talks lift stocks ahead of US retail data

LONDON: Global stock markets marched on towards new peaks after U.S. President Joe Biden and Chinese leader Xi...

Published 16 Nov, 2021 06:21pm

Stocks

Sterling keeps FTSE 100 under pressure, Vodafone surges on annual forecast

London's FTSE 100 turned lower on Tuesday as a stronger pound hit the shares of dollar earners, while upbeat ...

Published 16 Nov, 2021 04:50pm

Stocks

Oil stocks power Europe's STOXX 600 to record highs

European shares hit another record peak on Monday as Royal Dutch Shell led energy stocks higher after saying it ...

Updated 15 Nov, 2021 04:10pm

Europe Equity

London's FTSE 100 edges lower as miners offset Shell gains

UK's FTSE 100 slipped on Monday, as miners struggled due to global moves to reduce coal use and a big drop in ...

Updated 15 Nov, 2021 03:15pm

Stocks

Stocks mostly rise as Fed to begin tapering but BoE holds fire

LONDON: Global stock markets mostly rose Thursday, a day after the Federal Reserve said it would start "tapering" ...

Published 04 Nov, 2021 07:06pm

Stocks

World stocks advance on Fed taper plan, ahead of BoE

LONDON: Global stock markets advanced Thursday after the Federal Reserve said it would this month start tapering its...

Published 04 Nov, 2021 04:32pm

Stocks

Stocks steady before Fed decision on stimulus

LONDON: Stock markets steadied and the dollar retreated Wednesday, with investors biding their time ahead of a...

Published 03 Nov, 2021 06:24pm

Financial

Coffee maker JDE Peet's IPO wrapped up in just 72 hours

 JDE Peet's, whose brands include Douwe Egberts, Peet's Coffee and Jacobs, is Europe's biggest initial public offeri

Published 29 May, 2020 05:48pm

Financial

Oil falls as surprise US stock build douses demand recovery hopes

 US West Texas Intermediate (WTI) crude futures were down 3pc, or 98 cents, at $31.83 a barrel at 0709 GMT. 
 The

Published 28 May, 2020 10:55am

Financial

Recovery hopes power UK stocks; easyJet jumps

 Low-cost airline easyJet Plc rose 4.3pc to the top of the FTSE 100 as it said it would cut up to 30pc of its staff

Published 28 May, 2020 10:50am

Financial

Russian stocks to recover after COVID-19 in 2020, hit record highs in 2021

 The MOEX rouble-denominated index is seen recovering to 2,900 by the end of this year, up 5.3pc from 2,754 on May 2

Published 28 May, 2020 10:35am

Financial

European shares extend gains on stimulus boost

 The pan-European STOXX 600 rose 0.6pc by 0718 GMT, with travel &amp; leisure, telecoms and automakers leading the g

Published 28 May, 2020 10:28am

Financial

Banks, automakers drive European stocks higher, EU recovery plan awaited

 The pan-European STOXX 600 rose 0.3pc, hovering near a 11-week high hit in the previous session, led by hard-hit ba

Published 27 May, 2020 11:09am

Financial

Equities rally as reopenings trump geopolitical tensions

 Adding to the broadly positive outlook is optimism about progress on a vaccine, which would allow the shattered glo

Published 26 May, 2020 11:40am

Financial

London stocks slide as retail sales crash, banks slump

The blue-chip FTSE 100 was down 1.8pc, with HSBC Plc and Standard Chartered Plc sliding 4.9pc and 3.6pc, respective

Published 22 May, 2020 11:04am

Financial

Banks, luxury stocks hammered as Chinese trade fears hit Europe

The pan-European STOXX 600 fell 1.4pc, with Asia-exposed stocks such as HSBC Holdings Plc tumbling 5pc and Prudenti

Published 22 May, 2020 09:40am

Financial

London stocks retreat as recovery hopes dim

Pets At Home declined 12.8pc to the bottom of the FTSE 250 after forecasting first-half pretax profit to be sharply

Published 21 May, 2020 11:59am

Financial

European shares pull back as recovery hopes fade

The pan-European STOXX 600 fell 1.0pc, retreating from its strongest close in three weeks, led by declines in trave

Published 21 May, 2020 11:35am

Financial

London stocks dip as pandemic damage grows

The blue-chip FTSE 100 was down 0.2pc, with the banking index tumbling 1.2pc on increased bets of negative interest

Published 20 May, 2020 09:20am

Financial

European shares unchanged amid doubts over COVID-19 vaccine

Still, a boost from healthcare stocks helped the pan-European STOXX 600 shed early losses, and the index was last t

Published 20 May, 2020 09:18am

Financial

Coffee maker JDE Peet's looks to wake up sleepy IPO market

Aims to list on Euronext Amsterdam, raising 700 mln euros Listing will be one of very few IPOs globally J

Published 19 May, 2020 01:56pm

Financial

European shares log worst week since mid-March

Miners jump after positive China data German economy suffers worst contraction since 2009 in Q1 Wirecard

Published 15 May, 2020 05:14pm

Financial

World stocks win a respite, oil prices highest in over a month

World shares up, but set for weekly drop Oil prices rally more than 3% German Q1 GDP falls 2.2% Q/Q

Published 15 May, 2020 01:22pm

Financial

London stocks rattled by Trump's China claim

Trump sharpening his rhetoric against China is unnerving investors, as his team look into retaliatory measures over

Published 01 May, 2020 01:39pm

Financial

Stocks surge on virus treatment hopes

US and European stocks both advanced after Gilead Science said that remdesivir, one of the most highly anticipated

Published 29 Apr, 2020 04:41pm

Financial

Stocks fall on worries over EU stimulus details, coronavirus drug

World stocks down 0.3% Investors looking for medical response to coronavirus Oil prices make tentative re

Published 24 Apr, 2020 12:41pm

Financial

European stocks fizz higher at open

In the eurozone, Frankfurt's DAX soared 2.9 percent to 10,596.28 points and the Paris CAC 40 rebounded 2.6 percent

Published 17 Apr, 2020 12:15pm

Financial

European equities rebound at open

London's benchmark FTSE 100 index of major blue-chip companies was up 1.0 percent to 5,653.72 points. In the e

Published 16 Apr, 2020 12:23pm

Financial

European shares slip as earnings underline coronavirus hit

French shares fell 1.8pc as France became the fourth country to report more than 15,000 deaths due to the coronavir

Published 15 Apr, 2020 01:25pm

Financial

European stocks sag at open

London's benchmark FTSE 100 index of major blue-chip companies fell 0.4 percent to 5,765.94 points compared with Tu

Published 15 Apr, 2020 11:01am

Financial

European stocks climb at open after Easter break

Paris and Milan rose 0.5 percent, while outside the eurozone London edged up 0.1 percent following Asian gains and

Published 14 Apr, 2020 10:38am

Financial

European stock markets rally in early trade

Frankfurt jumped 2.4 percent, Paris gained 1.9 percent, Milan won 2.0 percent and Madrid climbed 1.7 percent.

Published 09 Apr, 2020 11:25am

Financial

European stocks drop at open, as France in recession

The Paris CAC 40 index led the way with a loss of 1.6 percent, Frankfurt dropped 1.0 percent, Madrid shed 1.2 perce

Published 08 Apr, 2020 11:42am

Financial

European shares climb on signs of waning coronavirus cases

Lufthansa's shares jumped 8.1pc as another report said the company was working on a package to raise money from the

Published 07 Apr, 2020 01:42pm

Financial

UK shares rises as coronavirus-related deaths slow

The internationally focussed FTSE 100 gained 1.5pc, but underperformed its European peers, as exporters were pressu

Published 06 Apr, 2020 01:34pm

Financial

European shares jump as coronavirus deaths slow

Peugeot-owner PSA gained 8.7pc after announcing a further 3 billion euros ($3.3 billion) worth of loans on top of u

Published 06 Apr, 2020 01:19pm

Financial

European stocks rebound at open

London's benchmark FTSE 100 index of major blue-chip companies won 2.5 percent to 5,552.32 points compared with Fri

Published 06 Apr, 2020 10:37am

Financial

European stocks end lower as COVID-19 economic toll becomes clearer

The index fell about 0.6pc for the week. Still, it appeared to have gained a measure of stability after sharp daily

Published 03 Apr, 2020 04:26pm

Financial

Global equities attempt rebound from virus-fuelled losses

The European single currency meanwhile dipped versus the dollar. Equities were gripped Wednesday by a global r

Published 02 Apr, 2020 11:23am

Financial

European stock markets slide on Trump virus warning

In the eurozone meanwhile, Frankfurt's DAX slid 3.0 percent to 9,637.30 points and the Paris CAC 40 shed 3.1 percen

Published 01 Apr, 2020 10:59am

Financial

European stock markets extend gains

London jumped 2.4 percent, Frankfurt climbed 2.3 percent, Paris advanced 1.6 percent, Milan gained 1.9 percent and

Published 31 Mar, 2020 12:03pm

Financial

European stock markets extend losses in early deals

London slid 1.6 percent, Frankfurt lost 1.0 percent, Paris shed 1.9 percent, Milan tumbled 2.0 percent and Madrid r

Published 30 Mar, 2020 11:53am

Financial

European stock markets slide in early deals

"Stimulus efforts have calmed markets" this week, Wilson said, noting however that investors were likely looking to

Published 27 Mar, 2020 11:53am

Financial

Homebuilder, travel stocks halt FTSE 100's three-day surge

The FTSE 100 is on track for weekly gains not seen since the 2008, financial crisis as central banks and government

Published 27 Mar, 2020 11:52am

Financial

European shares retreat after biggest three-day surge ever

The pan-European STOXX 600 index was down -2.3pc at 1030 GMT, but still on course for one of its best weeks since t

Published 27 Mar, 2020 11:24am

Financial

European stocks back on retreat as virus impact grows

Italian and Spanish bourses fell between 0.7pc and 1.5pc as the number of fatalities from COVID-19 in Italy topped

Published 26 Mar, 2020 01:27pm

Financial

FTSE 100 retreats after strongest two-day surge ever

The US stimulus news is probably the last piece of good news markets will get for a little bit, as attention now pi

Published 26 Mar, 2020 12:58pm

Financial

FTSE 100 climbs 16pc from lows on stimulus effect

FTSE 100 up 4.5%, FTSE 250 gains 4.5% Travel food co SSP soars after launching huge cash call UK posts bi

Published 25 Mar, 2020 07:03pm

Financial

European stock markets extend recovery at open

At the open on Wednesday, Frankfurt jumped 3.7 percent, Paris won 3.1 percent, Milan gained 3.2 percent and Madrid

Published 25 Mar, 2020 01:37pm

Financial

London Stock Exchange allows delay in dividends due to coronavirus

From today the Exchange will permit a deferral period of up to 30 business days for payment of a dividend, but no m

Published 25 Mar, 2020 01:19pm

Financial

Surge for stocks fades despite huge US stimulus package

Elsewhere, the dollar was lower against main rivals and oil prices retreated. "So many people are being put ou

Published 25 Mar, 2020 01:05pm

Financial

European shares trudge higher as stimulus wave stems selloff

All the major country indexes rose in early trading, with Germany's DAX, Spain's IBEX and London's FTSE 100 adding

Published 24 Mar, 2020 12:22pm

Financial

UK shares join global rebound on stimulus measures

The FTSE 100 index rose 4.3pc, tracking strong gains in Asia, as investors cheered the US Federal Reserve's offer o

Published 24 Mar, 2020 11:23am

Financial

European stocks sink again as virus deaths mount

The benchmark STOXX 600 index was down 4.6pc as dramatic intervention by global policymakers could not stem the big

Published 23 Mar, 2020 11:02am

Financial

London stocks slide as lockdown hits

Investors took little comfort from a fresh round of stimulus announced of Friday that included the government payin

Published 23 Mar, 2020 10:50am

Financial

European stocks rise, but Wall Street slumps

Paris ended the day with a gain of five percent and Frankfurt nearly four percent. London's stock market won o

Published 20 Mar, 2020 05:45pm

Financial

European shares bounce for second day on stimulus hopes

Financials rose 3.9pc from a near 30-year low, with Allianz SE, Prudential Plc, ING Groep and Zurich Insurance Grou

Published 20 Mar, 2020 01:02pm

Financial

London stocks surge as more fiscal measures eyed

The FTSE 100 is trading about 30pc below its January peak, while the FTSE MID 250 is about 37pc its all-time high.

Published 20 Mar, 2020 12:27pm

Financial

European stock markets surge at open

"European markets traded higher again Friday as the first tentative signs of stabilisation are built," said Markets

Published 20 Mar, 2020 12:27pm

Financial

FTSE 100 rises after BoE's new rescue measures, midcaps stuck in the red

The central bank cut interest rates to 0.1%, its second emergency rate cut in just over a week, and promised 200 bi

Published 19 Mar, 2020 06:49pm

Financial

Stocks rebound as US makes economic moves against virus

The dollar bounced back from heavy losses against the euro on Monday, and oil prices, which had drifted below $30 p

Published 17 Mar, 2020 10:04pm

Financial

Italian stock exchange to open as usual on Monday

Under these measures, people are not allowed to enter or leave the Lombardy region. The restrictions also apply to

Published 08 Mar, 2020 10:36pm

Financial

Gulf bourses dive as coronavirus hits oil price

The crisis threatens to undercut Gulf economies, which are already battling a downturn and struggling to wean thems

Updated 04 Mar, 2020 10:34am

Financial

Coronavirus crash wipes $5 trillion off world stocks

MSCI ACWI down nearly 10%, S&P500 in correction in just 6 days US yield curve firmly inverted, investors f

Updated 28 Feb, 2020 10:57pm

Financial

European markets lose more than 3.0 percent on virus fears

In London, the FTSE index closed 3.3 percent lower, in Paris stocks were off by 3.9 percent. LONDON: European

Published 24 Feb, 2020 06:13pm

Financial

FTSE 100 rebounds as new virus cases drop, housebuilders jump

The blue-chip index added 0.9pc, with a sub-index of housebuilders hitting a record high. The FTSE 250 gained

Published 19 Feb, 2020 10:20am

Financial

European shares notch record high as investors shake off virus fears

The index had closed at its highest in over a decade on Tuesday, propelled by hopes of much-awaited consolidation a

Published 19 Feb, 2020 09:58am

Financial

European stock markets slide at open

In the eurozone, Frankfurt's DAX 30 index lost 0.8 percent to 13,667.80 points and the Paris CAC 40 retreated 0.7 p

Published 18 Feb, 2020 10:48am

Financial

FTSE 100 tumbles on HSBC cutbacks, Apple warning

The more domestically-focussed FTSE 250 also gave up 0.3pc but still fared better than its blue-chip counterpart.

Published 18 Feb, 2020 10:01am

Financial

European shares slump as Apple warning hammers tech sector

The technology-heavy German stock index plunged 0.7pc, while the European tech subindex fell 1pc. Apple's warn

Published 18 Feb, 2020 09:34am

Financial

Stocks rebound tracking virus fallout

After Wall Street's muddled performance on Friday and with US markets closed Monday for a holiday, traders turned t

Published 17 Feb, 2020 12:42pm

Financial

FTSE climbs after recording weekly loss

The FTSE 100 climbed 0.5pc, with all but two sectors in positive territory, while the midcap index rose 0.4pc by 08

Published 17 Feb, 2020 10:44am

Financial

European shares hit record high; carmakers cheer China stimulus

The pan-European STOXX 600 index rose 0.2pc by 0906 GMT, having touched a record high of 432.48 earlier in the day.

Published 17 Feb, 2020 10:31am

Financial

European stocks climb to record on hopes of limited coronavirus economic hit

Europe's broad Euro STOXX 600 hit a record high, gaining 0.1pc to mirror gains in Asia after a choppy start to the

Published 14 Feb, 2020 01:23pm

Financial

FTSE slips on poor earnings from AstraZeneca, RBS

The FTSE 100 index was 0.4pc lower by 0805 GMT and was set to end the week with a near 1pc fall, but the midcap bou

Published 14 Feb, 2020 11:20am

Financial

European shares steady as GDP numbers loom

The pan-European STOXX 600 index was largely unchanged by 0856 GMT, having briefly touched a record high of 431.51.

Published 14 Feb, 2020 10:36am

Financial

European shares falter as coronavirus toll in China jumps

The pan-European STOXX 600 index fell 0.4pc by 0803 GMT. The index had notched new highs in the last two sessi

Published 13 Feb, 2020 09:55am

Financial

European shares falter as virus toll in China surges; Nestle weighs

European sectors with heavy exposure to China, such as basic resources and automobile stocks fell 1.4pc and 1.2pc,

Published 13 Feb, 2020 09:34am

Financial

European shares edge up to record high as new coronavirus cases drop

The pan-European STOXX 600 index rose as much as 0.2pc to a second consecutive record high of 429.42. Basic re

Published 12 Feb, 2020 12:49pm

Financial

London stocks track global rally, TUI jumps

Airlines easyJet and British Airways-owner IAG also added roughly 3pc each and were among the biggest gainers on th

Published 11 Feb, 2020 11:26am

Financial

European stocks rally at open

In initial deals, London's benchmark FTSE 100 rose 1.0 percent to 7,523.57 points. In the eurozone, Frankfurt'

Published 11 Feb, 2020 10:57am

Financial

European stocks reach record highs on hopes virus is peaking

The pan-European STOXX 600 index rose as much as 0.7pc to a record high of 427.46 points. Japan's Nikkei was c

Published 11 Feb, 2020 10:44am

Financial

European shares edge lower amid coronavirus uncertainty

The pan-European STOXX 600 index fell 0.3pc by 0803 GMT, with the travel and leisure sector the biggest decliner.

Published 10 Feb, 2020 01:21pm

Financial

FTSE 100 falls as coronavirus declared imminent threat

The FTSE 100 index of blue-chip companies dipped 0.2pc and the midcap index was lower by 0804 GMT. But NMC Hea

Published 10 Feb, 2020 12:44pm

Financial

European shares fall as coronavirus fears persist

European oil and gas stocks dropped as worries over Chinese demand continued to chip away at oil prices. Stock

Published 10 Feb, 2020 11:54am

Financial

UK shares slip a bit after four-day rally; Burberry dips

The China-linked virus has killed more than 600 people so far, including a doctor who was among the first to sound

Published 07 Feb, 2020 10:42am

Financial

European stock drop at open

In initial deals, London's benchmark FTSE 100 dipped 0.2 percent to 7,487.03 points. LONDON: European stock m

Published 07 Feb, 2020 10:13am

Financial

European shares retreat from record highs as virus fears grip

British fashion brand Burberry Group Plc fell 1.8% after flagging a slide in demand from China and Hong Kong due to

Published 07 Feb, 2020 09:56am

Financial

British stocks up on China tariff cut; Royal Mail skids

The FTSE 100 rose 0.3pc. The FTSE 250 added 0.4pc, as insurer Beazley gained 6pc after its 2019, profit surged.

Published 06 Feb, 2020 01:32pm

Financial

European shares at record high on China tariff cut plans, robust bank results

The pan-European STOXX 600 index rose as much as 0.7pc to a record high of 426.700. The initial agreement had

Published 06 Feb, 2020 12:22pm

Financial

Stocks, oil prices rally on tackling virus

Stocks extended a global rally and oil prices rebounded strongly Wednesday on easing market concerns. Traders

Published 05 Feb, 2020 03:10pm

Financial

European shares inch lower; services PMI awaited

The focus now turns to the January reading for IHS Markit's services purchasing managers' index, which is expected

Published 05 Feb, 2020 10:45am

Financial

FTSE 100 falters on Imperial Brands profit warning, coronavirus fear

The UK benchmarks dwindled in value last month as the coronavirus, which was identified in late 2019. The blue

Published 05 Feb, 2020 10:16am

Financial

European stock markets extend recovery at open

In the eurozone, Frankfurt's DAX 30 climbed 0.7 percent to 13,137.10 points and the Paris CAC 40 won 0.6 percent to

Published 04 Feb, 2020 08:43am

Financial

British stocks power ahead as China central bank steps in to soothe markets

Hong Kong reported its first death from the virus, the second outside mainland China from the epidemic that has kil

Published 04 Feb, 2020 08:41am

Financial

Global shares hit 7-week lows as virus fears savage China's markets

The benchmark Shanghai Composite index lost $420 billion of its value while the yuan opened at its weakest level in

Published 03 Feb, 2020 10:58am

Financial

FTSE 100 rebounds from 7-week low; Ryanair rises

The first trading day after Britain's exit from the European Union, the FTSE 100 and the FTSE 250 added 0.2pc each.

Published 03 Feb, 2020 10:53am

Financial

European shares inch up as Coronavirus concerns discourage big moves

Oil and gas stocks were among the worst performers for the day as worries over demand in China continued to erode o

Published 03 Feb, 2020 10:48am

Financial

European shares climb in early trading on Brexit day

Brexit day, which comes three and a half years after the United Kingdom first voted to leave the bloc, is not expec

Published 31 Jan, 2020 01:12pm

Financial

FTSE 100 drops, midcaps advance on Brexit day

The FTSE 250 recorded a 0.3pc gain, with Aston Martin surging 25pc after Canadian billionaire Lawrence Stroll said

Published 31 Jan, 2020 11:26am

Financial

China virus fears, dull earnings hammer FTSE 100

The FTSE 100 gave up 0.6pc and the FTSE 250 slid 0.3pc, as a modest rebound that the indexes had managed over the l

Published 30 Jan, 2020 10:53am

Financial

European shares slide on weak earnings, China virus epidemic

The pan-European STOXX 600 fell 0.8pc and was on track to log its worst week in nearly four months. The World

Published 30 Jan, 2020 10:50am

Financial

European stock markets steady at open

BA earlier said it had suspended all its flights to mainland China because of the deadly coronavirus. European

Published 29 Jan, 2020 12:34pm

Financial

UK shares rise for second straight day; Avast slides

The FTSE 100 index, which slumped more than 2pc on Monday, rose for the second consecutive session and added 0.3pc.

Published 29 Jan, 2020 11:15am

Financial

Global sell-off eases as markets track spreading virus

Europe's main stock markets were up 0.5 percent a day after slumping around 2.5 percent. Dollar falls against

Published 28 Jan, 2020 02:49pm

Financial

European stocks firmer at open after heavy losses

In the eurozone, Frankfurt's DAX 30 index also rose 0.3 percent to 13,243.48 points and the Paris CAC 40 added 0.4

Published 28 Jan, 2020 11:36am

Financial

UK shares inch higher after previous sell-off on coronavirus fears

The FTSE 250 rebounded from its biggest one-day fall in more than a year to add 0.1pc by 0900 GMT. Britain's b

Updated 04 Mar, 2020 10:46am

Financial

European shares tick higher after steep pullback on coronavirus fears

Airbus was the biggest boost to the benchmark index, after the planemaker agreed to reach a settlement with French.

Updated 04 Mar, 2020 10:53am

Financial

European stocks sink as virus sparks investor panic

Europe's main equity markets plunged at the open on Monday. "The bottom line is that the virus has become dead

Published 27 Jan, 2020 10:51am

Financial

FTSE 100 tumbles again as coronavirus fears spread

Finablr, which had lost nearly one-third of its market value due to Friday's fall, was headed for its best day sinc

Published 27 Jan, 2020 10:37am

Financial

European shares eye worst day in about two months as coronavirus fears worsen

The pan-European STOXX 600 slumped 1.7pc after hitting a record high in the previous session. The basic resour

Published 27 Jan, 2020 10:30am

Financial

German media giant Axel Springer quits stock exchange

"Axel Springer SE plans to withdraw from the stock exchange," the group confirmed in a statement. The withdraw

Published 24 Jan, 2020 07:12pm

Financial

Europe equities rebound as fears ease over China virus

"There's a hope that the coronavirus is contained, particularly in China," Interactive Investor analyst Richard Hun

Updated 25 Jan, 2020 06:26am

Financial

European stocks rebound at open

In the eurozone, Frankfurt's DAX 30 index won 1.0 percent to 13,525.16 points and the Paris CAC 40 also added 1.0 p

Published 24 Jan, 2020 11:34am

Financial

FTSE 100 powers higher as WHO tempers China virus fears

The FTSE 100 looked set to end a four-day losing streak and record its best day in more than a month. Includin

Published 24 Jan, 2020 11:02am

Financial

European shares extend gains after German PMI relief

The pan-European STOXX 600 climbed 1.2pc following four consecutive sessions of declines. The report added to

Published 24 Jan, 2020 10:42am

Financial

European stocks open lower on virus fears

In the eurozone, Frankfurt's DAX 30 index lost 0.4 percent higher to 13,461.46 points. In initial trades, Lond

Published 23 Jan, 2020 09:14am

Financial

Global markets alert as killer virus fuels new SARS fears

Asia bounced back on bargain-buying following the previous day's sharp losses but investors were on edge. In e

Published 22 Jan, 2020 11:59am

Financial

European stocks diverge at open

Europe's main equity markets diverged at the opening bell on Wednesday. LONDON: Europe's main equity markets

Published 22 Jan, 2020 11:41am

Financial

Housebuilders lead FTSE 100 bounce as China virus fears ease

Many global markets held firm as Chinese authorities ramped up efforts to control the outbreak of the coronavirus.

Published 22 Jan, 2020 11:19am

Financial

European shares rise on China's response to virus; German stocks hit record

Global stocks rose after swift actions by Chinese authorities to tighten containment eased fears of a global pandem

Published 22 Jan, 2020 11:03am

Financial

European stock markets steady at open

European stock markets steadied at the open on Monday following a mixed start to the week across Asia. London'

Published 20 Jan, 2020 12:04pm

Financial

Stocks retreat as investors cash in on rally

Global stock markets mostly retreated on Monday as investors booked profits after last week's rally. Stocks ha

Published 20 Jan, 2020 11:25am

Financial

Carmakers and banks drag on European markets, London outperforms

European shares fell on Monday as carmakers took a hit from a Chinese sales forecast. A slide in bank stocks e

Published 13 Jan, 2020 11:04pm

Financial

Global stock markets mostly up as focus on China-US pact

Heading towards midday, London won 0.5 percent on the back of the weaker pound, which boosts share prices of multin

Published 13 Jan, 2020 12:15pm

Financial

Equities rally, oil steadies as US-Iran tensions appear to ease

"Stock markets are strong... as US-Iran tensions have faded," noted David Madden, analyst at CMC Markets UK. "

Published 09 Jan, 2020 12:51pm

Financial

Crude and gold extend gains, stocks sink on fear of US-Iran war

US President Donald Trump has however warned of a "major retaliation" against Tehran after it threatened revenge fo

Published 06 Jan, 2020 12:11pm

Financial

Markets waver before BoE as investors mull Trump impeachment

European stock markets wavered on Thursday, after earlier losses in Asia. The BoE will reveal at 1200 GMT its

Published 19 Dec, 2019 12:28pm

Financial

British stocks edge lower in muted trading

The FTSE 100 and the FTSE 250 edged 0.1pc lower by 0807 GMT. Rating actions drove some moves, with blue-chip t

Published 19 Dec, 2019 10:41am

Financial

Europe stocks open mixed

European stocks moved in mixed directions at the start of trading on Thursday. While the FTSE 100 drifted less

Published 19 Dec, 2019 08:47am

Financial

European stock markets mixed at open

European stock markets were mixed at the start of trading on Wednesday. In foreign exchange, the pound eased f

Published 18 Dec, 2019 11:30am

Financial

European shares recover, aided by Volvo, defensive buying

Encouraging corporate updates from several large companies helped to drive markets higher. Among losses, Danis

Published 18 Dec, 2019 11:28am

Financial

European shares fall from records on Unilever warning, hard Brexit

The pan-European equities index fell 0.6pc after soaring to record highs in the previous session. London's blu

Published 17 Dec, 2019 01:48pm

Financial

Unilever shares slide after warning of sales miss

Unilever's forecast implies it suffered its lowest fourth-quarter sales growth in more than a decade. Earnings

Published 17 Dec, 2019 12:30pm

Financial

European stock markets climb at open

European stock markets rose at the start of trading on Monday. FTSE 100 index up 0.5 percent to 7,388.99 point

Published 16 Dec, 2019 12:09pm

Financial

European shares hit record as trade, Brexit fog clears

Shares of big dollar earners such as British American Tobacco, Glencore and BHP rose between 3pc and 5pc. The

Published 16 Dec, 2019 12:06pm

Financial

European shares hit record high, PMIs take spotlight

French business activity grew at a steady pace in December despite a nationwide strike against pension reform.

Published 16 Dec, 2019 10:40am

Financial

European shares near record high after Johnson's UK landslide

The benchmark European index is now just two points shy of a record high hit in 2015. Markets believe a Conser

Published 13 Dec, 2019 12:40pm

Financial

European stocks climb as UK begins 'Brexit election'

European equity markets rose at the open on Thursday, as Britons began voting in an election. In opening deals

Published 12 Dec, 2019 01:37pm

Energy

Oil market still unbalanced despite OPEC+ cuts: IEA

Additional cuts by the powerful OPEC group of oil producers and its allies may not be enough to eliminate. Las

Published 12 Dec, 2019 12:03pm

Financial

European shares slightly lower ahead of pivotal UK election

The pan-European STOXX 600 index ticked down 0.2pc in volatile trading. Britain's domestically-focused mid-cap

Published 11 Dec, 2019 10:35am

Financial

European shares dip on trade uncertainty

The next important date in the dispute is Dec. 15, when new US tariffs kick in on Chinese imports. Germany's t

Published 10 Dec, 2019 12:17pm

Financial

European stock markets steady at open

European stock markets steadied at the start of trading on Monday. In the eurozone, Frankfurt's DAX 30 index f

Published 09 Dec, 2019 11:50am

Financial

FTSE 100 steadies on Tesco support; Tullow Oil plunges

The FTSE 250 midcap index was down 0.2pc, with Tullow Oil single-handedly accounting for the index's fall in early

Published 09 Dec, 2019 11:23am

Financial

European shares dip after weak China data; Tullow slumps

The broader oil & gas index shed 0.9pc, the most among the European sub-sectors. Attention turns to the UK

Published 09 Dec, 2019 11:18am

Financial

European stocks pause for breath after wild trade ping pong

German blue-chip index, home to major industrial exporters, fell 0.3pc. The pan-European STOXX 600 rose 0.1pc

Published 05 Dec, 2019 10:47am

Financial

FTSE gains after report renews Sino-US trade hopes; mid-caps shine

Wednesday's gains meant the FTSE 100 was on track to stem a run of four straight sessions of losses. The bench

Published 04 Dec, 2019 11:20am

Financial

European shares jump 1pc after report US, China close to trade deal

Washington has threatened 100pc tariffs on French champagne, handbags and other products due to the tax. Germa

Published 04 Dec, 2019 11:16am

Financial

FTSE extends slide as Trump's tariff salvo dents sentiment

The FTSE 100, which has lost 2.4pc in nearly a week, lagged the broader European benchmark. The broader tone f

Published 03 Dec, 2019 11:05am

Financial

European shares recover; French luxury stocks hit by U.S. tariff threat

London's FTSE slipped 0.5pc, falling for the fourth straight session as miners. The U.S. was never going to be

Published 03 Dec, 2019 11:01am

Financial

European shares head back to 4-year peak as PMIs brighten mood

The pan-European STOXX 600 index rose 0.6pc, closing in on a fresh four-year peak hit last week. Germany's DAX

Published 02 Dec, 2019 12:48pm

Financial

FTSE gains on upbeat China data, softer pound; Ted Baker slips

The index had leapt almost 4pc last month on hopes of a Tory victory that would clear the way for Brexit. The

Published 02 Dec, 2019 12:41pm

Financial

Trade angst tugs FTSE 100 lower; Ocado outperforms

The main index moved further away from a near four-month high it hit earlier this week and gave up 0.5pc. The

Published 29 Nov, 2019 11:09am

Financial

European shares dip as trade caution lingers

Frankfurt-listed shares fell 0.3pc, as data showed retail sales in Germany dipped in October. The country, whi

Published 29 Nov, 2019 11:06am

Financial

European shares retreat as US law on Hong Kong sparks trade jitters

The tech sector, which includes chipmakers with a large exposure to China, was down 0.6pc. Focus now turns to

Published 28 Nov, 2019 01:08pm

Financial

FTSE slips on ex-div trading, US-China trade doubts

The FTSE 250 once again climbed to a near 1-1/2 year high, rising 0.1pc. Sterling has been buoyed by polls tha

Published 28 Nov, 2019 01:05pm

Financial

Global markets lifted by growing trade optimism

"Equity markets are posting gains, but the upside moves are not massive as dealers are mindful that things still co

Published 27 Nov, 2019 08:55pm

Financial

European shares hit 4-year high on fresh US-China trade deal hopes

Trump said on Tuesday that Washington was in the "final throes" of work on an initial trade agreement. Europea

Published 27 Nov, 2019 11:07am

Financial

FTSE at 2-month high as Trump brightens trade view

The FTSE 250 edged 0.1pc lower, as publisher Future Plc weighed with an 11pc slide following a discounted share pla

Published 27 Nov, 2019 10:59am

Financial

London Stock Exchange shareholders vote on $27 billion Refinitiv deal

LSE executives also dismissed some shareholder doubts that the exchange has the ability to make a success of the ta

Published 26 Nov, 2019 11:47am

Financial

European shares lifted by U.S.-China trade optimism; LVMH gains

Focus now turns to the German IFO business sentiment survey due later in the day. Economists expect a reading

Published 25 Nov, 2019 12:48pm

Financial

FTSE 100 gains on positive trade comments, IAG rises

The FTSE 100 increased 0.6pc after rising more than 1pc in the previous session. The FTSE 250 was up 0.4pc at

Published 25 Nov, 2019 12:33pm

Financial

European shares recover as PMIs quell trade fears

President Xi Jinping said on Friday China wants to work out an initial trade pact with the United States. The

Published 22 Nov, 2019 11:05am

Financial

UK shares firm on trade-driven optimism

The FTSE 250 gained 0.2pc, but thread manufacturer Coats Group underperformed after warning on annual profit.

Published 22 Nov, 2019 11:01am

Financial

FTSE falls as trade view deteriorates; Royal Mail sinks

The main index shed 0.7pc as financial stocks and oil firms dropped amid a fresh row between the two countries afte

Published 21 Nov, 2019 12:42pm

Financial

European shares slide on Sino-US trade deal delay concerns

The German conglomerate scrapped its dividend for the first time in six years and reported a full-year net loss.

Published 21 Nov, 2019 10:53am

Financial

UK stocks hammered as trade hopes dwindle; Royal Mail sinks

The FTSE 250 was on course for its worst day in more than six weeks as it slid 1pc. China attempted on Thursda

Published 21 Nov, 2019 10:46am

Financial

FTSE slips 1pc on bleak trade view; Kingfisher falls

The FTSE 100 lost 1pc, as trade concerns weighed on Asia-exposed financial stocks like HSBC. Johnson on Tuesda

Published 20 Nov, 2019 01:16pm

Financial

Trade friction, oil drive European shares to worst day in six weeks

German payments company Wirecard dropped 5.1pc after news that auditor EY refused to sign off on the Singapore audi

Published 20 Nov, 2019 12:49pm

Financial

European stocks mostly subside amid trade war focus

Stock markets in Europe are mostly showing marginal losses today as the bullish sentiment has cooled. Hong Kon

Published 18 Nov, 2019 12:28pm

Financial

European stock markets climb, as pound falls back

Speculation that President Trump will defer making a decision whether to slap tariffs on EU vehicle imports this we

Published 12 Nov, 2019 01:55pm

Financial

Stock markets start week in reverse gear

Stock markets mostly slid on Monday as traders reacted to fading US-China trade deal hopes. Wall Street also r

Published 11 Nov, 2019 07:38pm

Financial

Stock markets mostly retreat at end of positive week

Beijing had agreed a deal with Washington to start removing tariffs should negotiations progress fired Wall Street

Published 08 Nov, 2019 12:02pm

Financial

Stock markets climb as trade optimism lingers

The pound slipped meanwhile on talk that a Bank of England rate cut is in the pipeline after the central bank downg

Published 07 Nov, 2019 03:14pm

Financial

European stock markets edge higher

In the eurozone, Frankfurt's DAX 30 gained 0.2 percent and the Paris CAC 40 won 0.3 percent, compared with Tuesday'

Published 06 Nov, 2019 02:27pm

Financial

Turbine maker Siemens Gamesa shares plummet on delayed margin goals

Shares plunged 9%, close to lowest since start of 2019 Siemens Gamesa to take two years to hit margin goals

Published 05 Nov, 2019 01:13pm

Financial

World markets buoyed by growing trade optimism

Global bourses had already soared on Monday on expectations that economic superpowers China and the United States w

Published 05 Nov, 2019 12:10pm

Financial

Global stock markets boosted by US jobs figures

Stock markets pushed higher on Friday after data showed the US economy. Gains in the prior months were revised

Published 01 Nov, 2019 07:47pm

Financial

Stock markets mostly rise but trade concerns cast shadow

The key data come days after the Federal Reserve cut interest rates for a third straight month but hinted it would

Published 01 Nov, 2019 12:56pm

Financial

World stocks ease back on trade tensions

Global stock markets suffered losses Thursday as China-US trade tensions resurfaced. The Paris market was dogg

Published 31 Oct, 2019 11:17pm

Financial

Pound steady after EU grants Brexit extension

London's benchmark FTSE 100 stocks index dipped 0.1 percent, while Frankfurt and Paris rose. The pound has rem

Published 28 Oct, 2019 01:38pm

Financial

Sterling softens as more Brexit votes loom

Global stock markets meanwhile rose on growing expectations that China and the United States will sign a partial tr

Published 22 Oct, 2019 02:10pm

Financial

European shares rise amid Brexit tussle as focus shifts to earnings

London's blue-chip FTSE 100 was up 0.2pc, lagging the broader markets due to a strong pound. The chances of a

Published 21 Oct, 2019 08:58pm

Financial

Pound strikes five-month peak above $1.30

Markets (are) starting to price in a best case scenario in terms of the deal getting passed this week and then a sh

Published 21 Oct, 2019 01:36pm

Financial

European shares hit by Brexit deal doubts; Ericsson jumps

London's blue-chip FTSE 100 outperformed with a 0.4pc rise as the index's export-focused firms benefited from a wea

Published 17 Oct, 2019 10:39am

Financial

Sterling stands firm as Brexit hopes build, equities rise

The pound held most of its gains Wednesday after hitting a five-month high on growing hopes that Britain and the Eu

Published 16 Oct, 2019 11:41am

Financial

UK stocks recoil as Brexit euphoria cools; Sophos soars

The FTSE 250 shed 1.2pc, handing back part of the more than 4pc gain it had recorded in the previous session.

Published 14 Oct, 2019 12:21pm

Financial

European stocks turn down after Brexit, trade-driven rally

The pan-European STOXX 600 was down 0.8pc at 0814 GMT. Mining stocks, among the chief barometers of concern ov

Published 14 Oct, 2019 12:09pm

Financial

Brexit hopes, trade talks pull European shares higher

German shares eyed their best day in four months, also helped by gains for SAP. A JPMorgan index that tracks d

Published 11 Oct, 2019 01:47pm

Financial

European shares rise on trade, Brexit optimism; SAP jumps as CEO steps down

Irish Prime Minister Leo Varadkar said on Thursday a Brexit deal could be clinched by the end of October. Lond

Published 11 Oct, 2019 10:53am

Financial

LSE told Italy it won't move bond trading platforms

LSE Group owns Italian stock exchange Borsa Italiana, which in turn controls the MTS platform on which Italian gove

Published 10 Oct, 2019 07:36pm

Financial

Markets mixed as dealers await trade talks

Global stock markets traded mixed Thursday with investors cautious as they sifted through conflicting reports.

Published 10 Oct, 2019 12:44pm

Financial

London shares lower as trade rollercoaster rumbles on

The FTSE 100 index dipped 0.4pc by 0755 GMT, with Mondi and its rivals DS Smith and Smurfit Kappa falling 2.8pc-4.5

Published 10 Oct, 2019 09:58am

Financial

European shares slip ahead of trade talks; healthcare stocks drag

The benchmark index erased initial gains to drop 0.2pc by 0830 GMT. European equity markets have fallen more t

Published 10 Oct, 2019 09:47am

Financial

Stocks recover on 'limited' US-China trade deal reports

European and US stock markets rebounded Wednesday, helped by reports that China. Crude oil prices jumped over

Published 09 Oct, 2019 03:22pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.79 ▲ 0.88 (14.89%)
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	5.90 ▲ 0.75 (14.56%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)

Stock	Price
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	13.87 ▼ -1.47 (-9.58%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.50 ▼ -2.68 (-8.88%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.32 ▼ -0.87 (-7.77%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.11
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	59,351,800 ▲ 0.88
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.11
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.39
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.80
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	37,303,478 ▲ 1.66
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	34,907,564 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	31,373,587 ▲ 2.45
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.24

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