Tuesday also ended with an increase, but there was a sharp decrease on both Monday and Friday.
About half of the stock market fall has now been collected, writes Today’s Business.
Oil prices also fell a lot in recent days, but have now increased. One barrel of North Sea oil traded for 77.8 dollars at 4.30pm. It is up 2.3 percent from midnight.
Among the most traded companies are Equinor (+2.1), DNB (+2.5), Mowi (+2.6), Aker BP (+2.4) and Frontline (+2.6).
On the most important stock exchanges in Europe, there is also an increase. The Dax in Frankfurt is up 1.6 percent, while the FTSE 100 in London is up 1.7. In Paris, the CAC 40 is up 1.9.
In Asia, the trading day has ended. The Nikkei index rose by 1.2 per cent, and thus Monday’s sharp stock market fall in Japan has soon been caught up.
This happens, among other things, because of signals that the Japanese central bank will keep interest rates steady as long as the unrest persists, writes E24. At the same time, fears of recession in the interest rate market are diminishing, DNB Markets wrote in its morning report on Wednesday morning.
– There is very little to indicate that the US is already in recession and thus difficult to believe in emergency interest rate cuts from the Fed (the US central bank), they write.
Fear of a US recession was highlighted as one of the main reasons why the market fell so much at the end of last week and the start of this week.
The American stock exchanges have started the trading day with an increase on Wednesday.
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2024-08-10 06:10:59
