Stock markets rebounded in Europe and on Wall Street Friday but some stumbled in Asia, capping a volatile week as investors' concerns grow about the health of the global economy.
London's benchmark FTSE 100 index ended the day up 1.1 per cent, aided by rising oil prices, and despite poor official manufacturing and trade figures.
In the eurozone, Frankfurt's DAX 30 closed 1.0 per cent higher and the Paris CAC 40 climbed 1.35 per cent.
"The main catalyst for this growth seems to have been the strong German trade surplus figures," said Spreadex analyst Connor Campbell, noting that dealers had "quickly forgotten" disappointing French industrial output data.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
London's benchmark FTSE 100 index ended the day up 1.1 per cent, aided by rising oil prices, and despite poor official manufacturing and trade figures.
In the eurozone, Frankfurt's DAX 30 closed 1.0 per cent higher and the Paris CAC 40 climbed 1.35 per cent.
"The main catalyst for this growth seems to have been the strong German trade surplus figures," said Spreadex analyst Connor Campbell, noting that dealers had "quickly forgotten" disappointing French industrial output data.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment