equity
Top StoriesGlobal Equity Funds See Biggest Weekly Outflow in Five Weeks
InvestingStocks Edge up to Hit Six Week High, Dollar Weaker After U.S. Data
InvestingEuropean Shares Set for Best Week in Two Months Despite Volatility
Top StoriesUniper Rescue Plan Takes Shape, With Price Rises Possible
European Shares Rise on Easing Energy Supply Worries; Draghi Speech in Focus
Date: July 20, 2022
(Reuters) – European shares scaled near six-week highs on Wednesday as energy supply worries eased following a report that Russian gas supplies would resume as scheduled, while Italian Premier Mario Draghi’s parliament address was also in focus amid a political crisis. The STOXX 600 index rose 0.4% by 0710 GMT, extending gains to a fourth...
Stocks Rally as U.S. Earnings Pick Up, Dollar Eases for Third Session
Date: July 19, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – A global gauge of stocks climbed on Tuesday as equities rallied while the dollar was down for a third straight day as the door was opened for the European Central Bank to enact a bigger rate hike than expected this week. Stocks on Wall Street advanced in broad...
Stocks Climb, Euro Inches Higher in Big Week for Markets
Date: July 18, 2022
By Saikat Chatterjee LONDON (Reuters) – World equity markets got off to a solid start on Monday and the euro pulled away from parity as market participants scaled back bets on the Federal Reserve interest rate hike next week and on optimism spurred by central bank pledges to support China’s economy. U.S. stock futures were...
European Shares Jump Over 1% as Cyclicals Advance
Date: July 18, 2022
By Susan Mathew (Reuters) -European shares hit three-week highs on Monday, tracking gains in global equities, even as investors are seen staying cautious ahead of a European Central Bank policy meeting and a scheduled resumption of Russian gas flows via the Nord Stream 1 pipeline. The pan-European STOXX 600 index rose 1.4% in broad-based buying,...
Saipem Shares Fall Below Issue Price as Banks Prepare for Stake Sale
Date: July 15, 2022
By Giulio Piovaccari MILAN (Reuters) -Shares in Saipem on Friday tumbled below the issue price for new stock in a hyper-dilutive cash call that fell short of the 2 billion euro ($2.01 billion) target the Italian energy services firm sought from investors to shore up its finances. By 1000 GMT Milan-listed shares were down 26.5%...
Global Equity Funds Post Third Weekly Outflow on Slowdown Fears
Date: July 15, 2022
(Reuters) – Global equity funds faced a third straight week of outflows in the week to July 12 on concerns over the prospect of further central bank interest rate hikes and the health of economies worldwide. According to Refinitiv Lipper, investors disposed of $4.33 billion worth of global equity funds in a third straight week...