"The trend of growing European new infections looks unlikely to abate for now and could continue to weigh on sentiment," analysts at Commerzbank wrote in a note.However, the pan-European Stoxx 600 index ended 0.3 per cent higher, with miners jumping 1.7 per cent after fresh liquidity moves by the central bank in China, the world's top metals consumer.
Chipmakers also rose, while luxury stocks such as LVMH , Burberry and Kering climbed between 0.4 per cent and 1.9 per cent after Jefferies analysts said in a note that the strength of their businesses in China could help them to gain market share.Markets generally appeared to be in a holding pattern ahead of August business activity data later this week, which could shed light on the pace of an economic recovery, while the US Federal Reserve's policy minutes are also due on Wednesday.
France's Sanofi gained 1.2 per cent after it agreed to buy US company Principia Biopharma Inc for around US$3.7 billion. Healthcare stocks provided the biggest boost to the Stoxx 600. Real estate firms took a hit as Europe's largest property firm Unibail-Rodamco-Westfield slid 4.9 per cent after a media report said it was considering rights issue. The company said no decision had been made.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe: Stocks climb at open[LONDON] Europe's main stock markets rose at the start of trading on Monday, with London's benchmark FTSE 100 index gaining 0.3 per cent to 6,105.51 points. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
South Korea accuses religious sect leader as Covid-19 cases surgeSEOUL (REUTERS) - South Korea accused the leader of a religious sect on Sunday (Aug 16) of violating self-isolation rules and obstructing investigations into the country's biggest outbreak of new coronavirus in five months.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
South Korea accuses religious sect leader as COVID-19 cases surgeSouth Korea accused the leader of a religious sect on Sunday of violating self-isolation rules and obstructing investigations into the country's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea accuses church pastor as COVID-19 cases surgeSouth Korea accused the leader of a religious sect on Sunday of violating self-isolation rules and obstructing investigations into the country's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
S. Korea accuses pastor of breaking rules as Covid-19 cases surgeSEOUL: South Korea accused a conservative pastor yesterday of violating self-isolation rules and obstructing contact tracing at a church where 240 infections have fuelled the country's worst outbreak in over five months. The focus on the Sarang Jeil Church, led by Reverend...
Source: thenewpaper - 🏆 7. / 63 Read more »
Covid-19 pandemic leads to spike in travel, wedding, delivery complaints: CaseSINGAPORE - The Covid-19 pandemic has led to a spike in the number of complaints related to travel bookings, wedding contracts, medical products and food and grocery deliveries, figures from the Consumers Association of Singapore (Case) show.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »