ROME: European stocks hiked at the start of trading, keeping momentum from last day’s gains.
London’s benchmark FTSE 100 index climbed 0.38 per cent to 6,490.44 points compared with Thursday’s close.
Frankfurt’s DAX 30 gained 0.92 per cent to 9,901.26 points on Friday and in Paris the CAC 40 advanced 0.77 per cent to 4,282.39.
Global stock markets surged in a “Santa Claus rally” on Thursday as dealers welcomed the outcome of the US Federal Reserve meeting which signalled an interest rate increase was not imminent.
Asian markets continued the trend on Friday, with Tokyo jumping 2.39 per cent by the close and Hong Kong up 1.25 per cent.
A positive start to European trading meanwhile “comes courtesy of a very strong finish for US stocks as the Fed’s latest ‘patience’ statement was digested well, boosting hopes of low rates for longer”, said Mike van Dulken, head of research at traders Accendo Markets.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
