May 28, 2020 9:59 am
European stocks opened higher in Thursday trading, achieving a fourth consecutive gain. The German DAX surged 0.7%, while the UK FTSE 100 gained 0.8%. The world’s second largest cinema chain, Cineworld, was also among the leading companies in early Thursday trading, with Cineworld Group’s shares climbing 29%. The company stated that it conducted negotiations for […]
Read moreMay 28, 2020 8:08 am
Wall Street stocks rose in Wednesday trading, with the financial and industrial sectors leading the jump in shares. JPMorgan Chase & Co. was among the top performers on Wednesday, with shares going up 4%. Bank stocks surged significantly as investors were motivated by the hope for recovery that sprung up after businesses started reopening. In […]
Read moreMay 27, 2020 2:46 pm
Despite the rising tension between China and the U.S., Wall Street stocks jump in premarket trading Wednesday. The reason for this is the hope for the recovery of businesses as companies begin to resume their activities. Walt Disney Company is among the stocks that made the biggest moves in premarket trading Wednesday. The mass media […]
Read moreMay 27, 2020 12:49 pm
On Wednesday, the European stocks rose as investors hoped that the European Union would soon introduce a massive stimulus recovery plan. Airlines ranked as the top performers in Wednesday trading and the Stoxx Europe 600 Index rose 0.3% to 350.21. The shares of the Anglo-Spanish airline company, International Airlines Group (IAG), jumped 5%. Meanwhile, TUI […]
Read moreMay 27, 2020 9:59 am
After the increasing tension in Hong Kong, the Asian stocks were mixed in Wednesday trading. While the Shanghai Composite Index and the Hang Seng Index declined, the Japanese stocks closed high on Wednesday. The Real Estate, Paper & Pulp and Railway & Bus were the leading sectors that contributed to the jump in Japanese stocks. […]
Read moreMay 27, 2020 8:09 am
Sanofi’s shares closed lower in Tuesday trading despite the recent deal for selling its shares in the U.S. biotechnology company Regeneron. Sanofi will earn about $13 billion after selling a huge part of its 20.6% stake in Regeneron. Despite that, the company’s shares dropped 1% on Tuesday, along with other healthcare companies’ stocks. On Monday, […]
Read moreMay 26, 2020 2:42 pm
The biotech company, Novavax, was among the top performers in Tuesday trading. The vaccine developer’s shares jumped 13.3% to $52.25 after the company shared that it is launching its experiments on an anti-coronavirus vaccine. Novavax stated that it began the first phase of its vaccine experiment. The first step towards the development of the vaccine […]
Read moreMay 26, 2020 1:20 pm
After the holidays in the U.K., the European travel stocks rose on Tuesday as Spain decided to welcome foreign tourists. The multinational travel and tourism company, TUI Group, was also among the best performers with shares surging 35%. The investors were motivated by TUI’s update on resuming flights at the end of June. As the […]
Read moreMay 26, 2020 9:55 am
The shares of the Japanese gaming company Marvelous Inc. were untraded after the increase of buy orders on Tuesday. The predictions for the company’s stock is to close at its daily trading limit of 17%. This was a result of the latest news of the Chinese company Tencent buying a 20% stake in Marvelous Inc. […]
Read moreMay 26, 2020 7:50 am
While Monday trading was not that active as a result of the holidays in the U.K. and the U.S., Germany’s stocks enjoyed quite the jump. This is the highest level that the DAX has reached since the beginning of March. The Pharmaceuticals and Healthcare, Software and Industrials sectors were among the best performers on Monday. […]
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