Tue, October 04, 2022

Stock

WB- European shares

European shares bounce up on strong corporate earnings

On Wednesday, European shares edged higher, buoyed by a strong round of corporate earnings as traders monitor the situation in eastern Ukraine. The Pan-European STOXX 600 index rose 0.61% or 2.79 to 457.91 points. JDE Peets, one of the world’s largest coffee companies, rocketed 10.68% or 2.81 to $33.05 per share. The upturn came after …

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Asian Stocks Slump on Ukraine Deepening Crisis

Asian Stocks Slump on Ukraine Deepening Crisis

Asian stocks closed lower on Tuesday amid the deepening geopolitical crisis in Ukraine, keeping investors on edge. Russian President Vladimir Putin has recently recognized Donetsk and Luhansk in eastern Ukraine as independent entities. Eventually, he ordered his troops to maintain peace in yesterday’s two breakaway regions. This move triggered fears that it could be a …

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