Tag: #Stock Markets
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Oil Tumbles & Stocks Wobble
Oil is tumbling and stocks are wobbling.
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Stocks bound higher on recovery hopes
London, March 9 (AFP/APP):Stocks markets on both sides of the Atlantic pushed into record territory on Tuesday on growing confidence in the global economic recovery from the Covid pandemic. A rally in equities across the world over the past months appeared to have run out of steam on concerns about a rise in interest rates,…
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Stocks rally on US stimulus, oil spikes on unrest
London, March 8 (AFP/APP):European and US stock markets mostly pushed higher Monday on optimism that a massive fiscal package in the United States is heading towards enactment, while oil prices briefly surged above $71 per barrel following an attack on Saudi oil facilities. After Asian indices closed mostly lower, with sharp losses in Hong Kong…
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European stocks climb, bucking Asia losses
London, March 2 (AFP/APP):European stock markets extended gains Tuesday despite Asian losses as investors assessed the outlook for global interest rates, dealers said. Equities rebounded Monday from last week’s heavy selloff on easing US money market rates, fading inflation fears plus progress on coronavirus vaccine rollouts and the passage of President Joe Biden’s $1.9-trillion stimulus…
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Tokyo’s Nikkei Closes Down More Than 1.6% on Tech Slump
Tokyo’s Nikkei has closed down more than 1.6% on a tech slump.
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Stock markets ease on concern over excessive valuations
London, Feb 22 (AFP/APP):Stock markets fell for the most part Monday as falling infection rates and upbeat vaccine news failed to allay growing concern over high valuations and inflation. While the United States nears 500,000 Covid deaths, optimism is rising as governments embark on immunisation programmes that should allow economies to reopen. Prime Minister Boris…
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European stock markets slide at open
London, Feb 22 (AFP/APP):European stock markets slid at the start of trading on Monday following falls across much of Asia. London’s benchmark FTSE 100 index dropped 0.5 percent to 6,590.64 points, with British Prime Minister Boris Johnson set to outline later in the day how England will exit its third pandemic lockdown. In the eurozone,…
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Global Stock Markets Pause Following Losses
Global stock markets have paused following losses.
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Stock Markets Hit by Virus Shocks
Stock markets have been hit by virus shocks.
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Stocks hammered on fears of global meltdown
Pakistan stock market is witnessing the worst recession in the country’s history due to global outbreak of the deadly coronavirus. Business activities are experiencing difficulties due to which the stock market is seeing a steady decline. Market was halted for 45 minutes again, after the decline of 1,642 points in the KSE-100 Index. This happened…