stock movements
The index rose "Stokes 600" European Union by 0.2 percent by 08:10 GMT, after 5 sessions of decline due to fears of a global recession due to central banks raising interest rates sharply.
Industry stocks, including Airbus, were the biggest supporter of the index "Stokes 600"While the financial services sector index rose after the recovery of Credit Suisse shares following a record decline last week.
Credit Suisse jumped 3 percent after the ailing bank welcomed significant progress in its transformation plan on Thursday, raising 2.24 billion Swiss francs ($2.39 billion) as part of a 4 billion franc ($4.29 billion) cash package.
Despite the early gains it is likely to score "Stokes 600" This week’s losses follow seven consecutive weeks of gains.
Despite the early gains it is likely to score "Stokes 600" This week’s losses follow seven consecutive weeks of gains.
In Thursday’s session, the European Stoxx 600 index fell by 0.2 percent, as investors worried before a series of interest rate decisions from major central banks, including the US Federal Reserve and the European Central Bank next week.
The markets are awaiting the US Federal Reserve’s interest rate decision next week, after many hints from officials indicating that the Fed may ease the pace of interest rate hikes.
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And she was European stocks It fell for the fifth consecutive session, Thursday, affected by the decline in the banking and consumer goods sectors, amid growing fears of an imminent recession.
stock movements
index roseStokes 600The European Union rose by 0.2 percent by 08:10 GMT, after 5 sessions of decline due to fears of a global recession due to central banks raising interest rates sharply.
Industry stocks, including Airbus, were the biggest supporter of the Stoxx 600 index, while the financial services sector index rose after Credit Suisse’s stock recovered following a record decline last week.
Credit Suisse jumped 3 percent after the ailing bank welcomed significant progress in its transformation plan on Thursday, raising 2.24 billion Swiss francs ($2.39 billion) as part of a 4 billion franc ($4.29 billion) cash package.
Despite the early gains, the Stoxx 600 is likely to post losses this week after seven consecutive weeks of gains.
Despite the early gains, the Stoxx 600 is likely to post losses this week after seven consecutive weeks of gains.
In Thursday’s session, the European Stoxx 600 index fell by 0.2 percent, as investors worried before a series of interest rate decisions from major central banks, including the US Federal Reserve and the European Central Bank next week.
The markets are awaiting the US Federal Reserve’s interest rate decision next week, after many hints from officials indicating that the Fed may ease the pace of interest rate hikes.