European stock rally on Fed rate cut signal

News Image

MG News | June 20, 2019 at 01:12 PM GMT+05:00

June 20, 2019: European stocks rallied Thursday at the open after the US Federal Reserve signalled it could soon cut interest rates, and before a monetary policy announcement from the Bank of England.

In initial trade, London's benchmark FTSE 100 index gained 0.5 percent to 7,440.18 points compared with the closing level on Wednesday.

In the eurozone, Frankfurt's DAX 30 index jumped 0.8 percent to 12,409.58 points and the Paris CAC 40 won 0.6 percent to 5,551.03.

AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 162,374.88
110.96M
-0.95%
-1549.44
ALLSHR 98,620.11
386.58M
-0.91%
-906.77
KSE30 47,823.16
51.47M
-1.02%
-490.65
KMI30 232,733.99
57.93M
-1.23%
-2903.19
KMIALLSHR 63,955.68
197.75M
-1.12%
-727.41
BKTi 44,724.17
14.61M
-1.01%
-457.04
OGTi 33,033.72
5.00M
-1.08%
-361.88
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 80,335.00 81,450.00
80,040.00
-870.00
-1.07%
BRENT CRUDE 115.46 115.97
114.98
-1.26
-1.08%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-0.35
-0.27%
ROTTERDAM COAL MONTHLY 147.10 0.00
0.00
0.10
0.07%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 102.00 102.63
101.54
-1.27
-1.23%
SUGAR #11 WORLD 20.26 20.51
20.02
0.13
0.65%

Chart of the Day


Latest News
October 24, 2026 at 02:20 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


October 24, 2026 at 12:59 PM GMT+05:00

VYU enters Pakistan, brings fashion shopping to livestreams


October 24, 2026 at 10:46 AM GMT+05:00

Weekly Market Roundup



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg