Saturday, February 27, 2021

European shares are down 0.1% in early trading

Facebook
Twitter
Pinterest
WhatsApp
Telegram

Must Read

Boulos becomes defendant on charges of invading Guarujá triplex – Prime Time Zone

Politician called the Federal Court's decision a 'new hoax of the triplex'; he claims, however, not to have...

Netflix releases the first trailer for the series Shadow and Bones; watch

Netflix released on Friday (26) the trailer for the series Shadow and Bones, which opens in April 23rd. ...

European stocks declined on Friday, but are on track for gains for the second week in a row, as investors await more indications of progress in implementing US stimulus measures, while rallies in ASML and ING shares curbed the decline.

The pan-European STOXX 600 index fell 0.1 percent, after gaining nearly 4 percent since the start of the month.

ING Group jumped 1.5 percent after the Dutch bank’s largest pre-tax profit exceeded expectations in the fourth quarter of last year, at 1.05 billion euros ($ 1.27 billion).

ASML Holding rose 1.5 percent after the Dutch hardware maker said a chip shortage that is slowing auto production was a symptom of a wider increase in demand, putting pressure on suppliers in the semiconductor sector.

The European technology stocks index rose 0.4 percent, to be one of a limited number of gainers in early trade.

Market dealers are hoping that lawmakers will pass a proposed stimulus bill worth $ 1.9 trillion in the United States soon, as data show a faltering recovery in the US labor market, which strengthens the justifications for demanding it.

The article, European stocks, down 0.1%, in early trade was written in the stock exchange newspaper.

Facebook
Twitter
Pinterest
WhatsApp
Telegram

Latest News

Boulos becomes defendant on charges of invading Guarujá triplex – Prime Time Zone

Politician called the Federal Court's decision a 'new hoax of the triplex'; he claims, however, not to have...

More Articles Like This

European shares are down 0.1% in early trading