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18 Mar 2016
European stocks trims gains, but steady
Stock markets across Europe trimmed early gains, but are working hard to stay positive as investors take a pause from a recent rally.
At the time of writing, Stoxx 600 index was trading flat. Stoxx 50 was up 0.16%. UK’s FTSE traded 0.12% higher, while France’s CAC was down 0.10%. Germany’s DAX traded 0.10% lower as well.
Shares in UK‘s Standard Chartered were up 3.68% and were followed by a 3.2% rise in Whitbread. Germany’s Kion Group AG was up 5.35%. Meanwhile, shares in Nordea Bank and Danske Bank were down 6.84% and 4.17% respectively.
In Asian trade, stocks in Japan fell as the yen held firm near 17-month highs. But other markets rallied in response to falling prospects of Fed rate hike.
At the time of writing, Stoxx 600 index was trading flat. Stoxx 50 was up 0.16%. UK’s FTSE traded 0.12% higher, while France’s CAC was down 0.10%. Germany’s DAX traded 0.10% lower as well.
Shares in UK‘s Standard Chartered were up 3.68% and were followed by a 3.2% rise in Whitbread. Germany’s Kion Group AG was up 5.35%. Meanwhile, shares in Nordea Bank and Danske Bank were down 6.84% and 4.17% respectively.
In Asian trade, stocks in Japan fell as the yen held firm near 17-month highs. But other markets rallied in response to falling prospects of Fed rate hike.