Category: shares

European shares fall after three day rally

European shares fell in opening trade today after a three-day rally sparked by hopes of more aggressive stimulus to shore up the global economy ravaged by the rapid spread of the coronavirus pandemic. Shares in London had sank 3.3% so far this morning, while shares in Paris fell by 1.6% and the Frankfurt market was […]

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European shares stabilise after worst week since 2008

European shares steadied in opening trade this morning after their worst weekly showing since the 2008 financial crisis. Shares were higher on rising hopes that major central banks will step in to counter the impact of the coronavirus epidemic on global growth.  The pan-European STOXX 600 index rose 1.8% after a 12% slump last week, […]

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Early gains fade for European shares as virus fears weigh

European shares edged lower today after recording their worst losses since June 2016 in the previous session. Trading was still dominated by concern that the coronavirus outbreak is spreading fast outside China. After opening up about 0.4%, the pan-European STOXX 600 shed those gains more than hour into trading to trade 0.3% lower.  Banking shares were […]

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European shares hit record high on drop in new coronavirus cases

European shares notched a fresh record high on Wednesday, as a decline in the number of new coronavirus cases and hopes of more stimulus from Beijing helped a recovery from fears of a sustained hit to global supply and demand. DUBLIN Glanbia, which is due to publish full-year results next week, was one of the […]

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European shares steady on upbeat PMI data, Italy jumps

European shares steady on upbeat PMI data, Italy jumps European shares traded close to flat on Thursday as upbeat surveys on Germany and the euro zone offset signs that US policymakers had not intended to start a cycle of interest rate cuts with last month’s move. Germany’s DAX shrugged off a weak open, to trade […]

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European shares tumble amid trade tensions

European shares tumble amid trade tensions European shares dropped broadly on Thursday as investors shunned risky assets while waiting to see whether United States and China manage to avoid a trade war which would damage the global economy. The pan-European STOXX 600 index had dropped 0.7pc by 0720 GMT, touching a fresh four-week low. US […]

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