Skip to content

European stock markets open the week higher following the pace of the Asian ones

The European stock markets, with the exception of Milan, opened the first session of the week higher, following the pace of the Asian stock markets, which closed this Monday with slight increases and in line with the stock market futures. Wall Street that increases are advancing, on a day in which one of the points of interest is the consumer confidence index in the eurozone.

At the opening, the stock market that rose the most was London0.96%, followed by Madridwith 0.91%; Frankfurtwith 0.62%, and Pariswith 0.57%, while Milan was the only one that fell, 0.64%

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, also advanced 0.56%.

The markets begin the week pending the geopolitical situation that seems to have stabilized in the Middle East, as well as the numerous business results for the first quarter of the year that will be known.

In Asia, the Tokyo Stock Exchange closed this Monday with a rise of 1% in its main indicator, the Nikkei, encouraged by the hunt for bargains after falls the previous week caused by the conflict in the Middle East, while the Topixthe broadest selective that brings together the firms in the main section, those with the largest capitalization, added 1.38%.

This Monday it was learned that the People’s Bank of China (PBPC, central bank) announced this Monday that it will maintain its reference interest rate at 3.45% for the ninth consecutive month, thus meeting the expectations of analysts, who did not They expected some change.

Last Friday, Wall Street closed in mixed territory and its main indicator, the Dow Jonesrose 0.56%, while the S&P 500 and Nasdaq finished lower.

Among the data of interest of the day, it has already been known that in Spain the purchase and sale of homes rose by 5.8% in February to total 52,796 transactions, which means breaking with twelve consecutive months of falls after the successive increases in interest rates. interest, according to data published this Monday by the National Institute of Statistics (INE).

In the debt market, the interest on the ten-year German bond, considered the safest, rose to 2.517%, while the Spanish one fell slightly, to 3.312%.

As for oil, it is falling, in the case of Brent, the reference in Europe, it loses 1.50% and the price of a barrel stands at 85.98 dollars, and West Texas Intermediate (WTI) , a reference in the US, fell 1.57% to $80.94, before the official market opening.

Bitcoin, the most popular cryptocurrency on the market, climbed 1.85% to $66,350, after passing the ‘halving’ this weekend, an event that occurs every four years and which reduces the issuance of new coins. .

The euro appreciates 0.10% and it changes to 1,066 dollars.

ABOUT THE AUTHOR

EFE Agency

Agencia EFE is a Spanish international news agency that distributes information to more than two thousand media outlets around the world in the written press, radio, television and internet. It has a network with more than three thousand journalists of 60 nationalities. It operates 24 hours a day from at least 180 cities in 110 countries.



Source: Elcomercio

Share this article:
globalhappenings news.jpg
most popular