European equities climb at open

MG News | October 15, 2021 at 01:52 PM GMT+05:00

0:00

October 15, 2021: European stock markets opened higher Friday, with investors encouraged by a strong start to the US earnings season.

In initial trade, London's benchmark FTSE 100 index won 0.4 percent to 7,234.69 points, compared with Thursday's close.

In the eurozone, the Paris CAC 40 added 0.5 percent to 6,720.72 points and Frankfurt's DAX rose 0.1 percent to 15,484.79.

"The US earnings seasons unfolding ... has set a very positive tone so far," said AvaTrade analyst Naeem Aslam.

"We have seen really healthy numbers out of the US banking sector this week. The remaining Wall Street giants will report their earnings today."

Asian equities extended gains Friday as traders also cheered better-than-expected data indicating the US recovery remains on track -- despite concerns over elevated inflation and the imminent end to cheap cash.

AFP/APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	165,823.88 448.99M	-1.54% -2588.35
ALLSHR	99,160.90 1,085.27M	-1.67% -1680.26
KSE30	50,101.96 142.26M	-1.74% -888.53
KMI30	238,681.37 216.35M	-1.30% -3152.79
KMIALLSHR	64,435.58 615.36M	-1.35% -884.80
BKTi	46,165.92 56.22M	-2.48% -1174.89
OGTi	34,125.34 9.28M	-2.33% -814.62

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,960.00	78,325.00 76,485.00	300.00 0.39%
BRENT CRUDE	117.19	117.50 110.26	5.93 5.33%
RICHARDS BAY COAL MONTHLY	113.00	113.00 109.00	4.25 3.91%
ROTTERDAM COAL MONTHLY	109.10	110.00 105.00	4.45 4.25%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	105.25	105.43 98.42	5.32 5.32%
SUGAR #11 WORLD	14.63	14.65 14.25	0.40 2.81%