| Real-time Estimate TTMZero 07:51:34 2024-07-16 EDT | 5-day change | 1st Jan Change | ||
| 4,950 PTS | -0.66% |
|
+0.98% | +9.51% |
| 01:50pm | Earnings, China Outlooks Blunt European Bourses Midday | MT |
| 01:29pm | Earnings, Yields Nudge Wall Street Up Pre-Nell; Asia Mixed, Europe Off | MT |
LONDON (Reuters) - China-exposed European stocks rose on Tuesday after Bloomberg reported China is looking to increase its budget deficit for 2023, part of a new round of stimulus to help the economy.
Miners Anglo American , Antofagasta and Glencore, and financial services companies Standard Chartered and Prudential all rose 3-5%.
Stephane Ekolo, global equity strategist at TFS Derivatives, said the news was "absolutely" driving price action in European assets.
"When China sneezes, the world catches a cold, so a new potential stimulus is seen as a positive catalyst," Ekolo said.
(Reporting by Alun John; Editing by Amanda Cooper)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 4,950 PTS | -0.66% | +0.98% | - | ||
| 2,904 PTS | +0.34% | +0.31% | - | ||
| 2,334 GBX | -1.29% | -1.79% | 37.24B | ||
| 2,105 GBX | -1.86% | -3.26% | 27.46B | ||
| 722.4 GBX | -0.69% | +1.76% | 23.81B | ||
| 460.5 GBX | -2.29% | -2.85% | 74.37B | ||
| 173 EUR | -0.52% | +0.41% | - | ||
Highest Euro STOXX 50 Index increases |
|
|---|---|
| +0.53% | |
| +0.33% | |
| +0.25% | |
| +0.10% |
The sharpest declines in Euro STOXX 50 Index. |
|
|---|---|
| -0.06% | |
| -1.94% | |
| -1.65% | |
| -2.09% | |
| -2.04% | |
| -2.94% |
