Japanese stocks edged higher after the close on Thursday (1/30), as gains in the Communications, Electrical/Machinery and Manufacturing sectors helped stocks advance. At the close in Tokyo, the Nikkei 225 was up 0.03%. The best performers on the Nikkei 225 were CyberAgent Inc (TYO:4751), which rose 4.94% or 56.00 points to close at 1,190.00. Meanwhile, DeNA Co Ltd (TYO:2432) gained 4.33% or 117.00 points to close at 2,820.00 and Sumitomo Dainippon Pharma Co Ltd (TYO:4506) gained 3.66% or 21.00 points to close at 594.00. The worst performers on the session were Japan Exchange Group Inc...
European stock markets rose on Thursday, as investors digested a flood of corporate earnings ahead of the European Central Bank's latest policy decision and the release of regional growth data. At 3:05 a.m. ET (08:05 GMT), Germany's DAX was up 0.2%, France's CAC 40 was up 0.3% and the U.K.'s FTSE 100 was up 0.1%. European equities benefited on Thursday from a rise in U.S. stock futures after the release of quarterly results from a number of megatech companies after the previous session's close, following the Federal Reserve's decision to keep interest rates unchanged. However, attention...
Europe's benchmark index closed at a record high on Thursday, led by real estate stocks, as investors priced in more monetary policy easing by the European Central Bank this year and assessed a mixed bag of corporate results.The ECB lowered borrowing costs by an expected 25 basis points to 2.75% and kept the door open to further policy easing as concerns over lacklustre economic growth superseded worries about persistent inflation.The decision came on the heels of data showing the euro zone economy unexpectedly stagnated last quarter. Traders now expect about 70 bps worth of rate cuts by...