European stocks close higher after Trump delays EU auto tariffs
Wednesday, 15 May 2019 23:19 WIB |
MARKET UPDATE |EUROPEIndeks Stoxx Europe 600SahamEropa
European stocks made a comeback to trade higher Wednesday on news that President Donald Trump plans to delay the implementation of auto tariffs on European car imports.
The pan-European STOXX 600 closed up 0.39% to 378.06 in trade. Autos jumped 2.02 percent higher after initially being the weakest sector.
Three sources told CNBC the administration will delay those levies by up to six months. The news, which was first reported by Bloomberg News, sent auto stocks higher. Porsche, BMW and Daimler all enjoyed rises of around 3%.
Meanwhile, in a substantial piece of corporate news, reports Tuesday suggested Italian bank UniCredit has stepped up preparations to bid for Commerzbank, just weeks after talks a deal with previous suitor Deutsche Bank fell through. Commerzbank shares traded 2.9% lower Wednesday afternoon.
Source : CNBC
Thursday, 19 September 2019 15:38 WIB
Hong Kong stocks fell for a fourth day in a row Thursday after the Federal Reserve cut interest rates but investors were left guessing about the possibility of more reductions this year.
The Hang Seng Index slipped 1.07 percent, or 285.17 points, to 26,468.95.
But the benchmark Shanghai Composite ...
Thursday, 19 September 2019 14:35 WIB
European stocks were slightly higher Thursday morning, after the U.S. Federal Reserve cut interest rates as expected but signaled a higher threshold to further policy easings.
The pan-European Stoxx 600 was up around 0.15% at 390.06 during early morning deals, with most sectors and major bourses in...
Thursday, 19 September 2019 14:25 WIB
The Shanghai Composite Index rose for the second day, climbing 0.5 percent, or 13.62 to 2,999.28 in Shanghai.
People's Insurance Co. Group of China contributed the most to the index gain, increasing 1.9 percent. Shanghai Feilo Acoustics Co. had the largest increase, rising 10.1 percent.
Thursday, 19 September 2019 13:44 WIB
Japanese stocks closed higher despite paring gains after the yen strengthened against the dollar following the Bank of Japan's decision to keep its monetary stimulus unchanged.
Services companies and railways rose, while automakers and machinery manufacturers fell. The Topix ended Thursday up 0.6%,...
Thursday, 19 September 2019 08:58 WIB
Hong Kong stocks edged up in early trade Thursday, in line with an Asia-wide advance, after the Federal Reserve cut interest rates again.
The Hang Seng Index rose 0.25 percent, or 66.61 points, to 26,820.73.
The benchmark Shanghai Composite Index added 0.24 percent, or 7.26 points, to 2,992.92 and...