On Monday, July 5, France and Denmark’s stocks closed higher. Germany’s stocks were mixed as world stocks reached near record highs.
The Foods & Drugs, Gas & Water, and General Financial sectors led France stocks higher. Meanwhile, Financials, Software & Computer Services, and Technology sectors drove Denmark up.
Meanwhile, in Germany, the gains were led by the Transportation & Logistics, Technology, and Insurance while the losses were led by the Retail, Media, and Software sectors.
At the close in Paris, the CAC 40 index progressed 0.22%, while the SBF 120 index gained 0.21%.
The former’s best performers include Societe Generale SA, BNP Paribas SA, and Alstom SA. These all climbed 2.45%, 2.21%, and 1.77%, respectively.
While the latter’s top gainers include Coface, Eramet SA, and Compagnie Plastic Omnium. These all rose 3.40%, 2.93%, and 2.75%, respectively.
At the close in Copenhagen, the OMX Copenhagen 20 increased 0.03%.
The index was led by Rockwool International B, Danske Bank A/S, and Tryg A/S. They all soared 2.34%, 1.83%, and 1.57%, respectively.
Moreover, at the close in Frankfurt, the DAX and MDAX boosted 0.08% and 0.21%, respectively, while the TecDAX plunged 0.05%.
DAX index’s best performers were Heidelbergcement, Infineon Technologies, and Deutsche Bank, which all rallied 1.52%, 1.15%, and 1.10%, respectively.
While MDAX’s top gainers were K&S AG, Deutsche Lufthansa, and Aurubis, which all climbed 5.60%, 3.52%, and 3.04%, respectively.
On the other hand, the firms that led losses are TecDAX were Eckert & Ziegler, TeamViewer, and Morphosys, which all fell 2.70%, 1.68%, and 1.42%, respectively.
Moreover, global stocks reached near record highs as investors weighed European business’ surging activity and the release of the U.S. jobs data.
The EU’s STOXX 600 spiked 0.30%, which reversed its earlier losses after data showed that the eurozone businesses widened their activities at the fastest pace in 15 years last month.
Consequently, China’s blue-chip stock index recuperated its earlier losses at 0.10% as Beijing pledged to continue its policy support for the technology sector.
On the other hand, Japan’s Nikkei 225 subsided 0.60% to a two-week low following a surge in coronavirus infections in Tokyo ahead of the Olympics.
Meanwhile, in the United States, the benchmark S&P 500, Dow Jones Industrial Average, and Nasdaq Composite index all rose 0.80%, 0.40%, and 0.80%, respectively.
Furthermore, the MSCI Asia Pacific ex Japan jumped 0.06% or 0.53 points to $875.31 on Tuesday.
While the MSCI All Country World index rose 0.10% or 0.72 points to $725.38 on Monday.
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