European shares rose in thin trade on Monday as a closely watched indicator of German business sentiment rebounded in May.
Shares rose yesterday as investors’ hopes that countries would begin easing Covid-19 restrictions grew.
The trading on the Moscow Exchange on Monday closed with the growth of main stock market indices that recovered from Friday’s losses.
Global trade flows tumbled in the first quarter, a preview of what could be the largest contraction in international commerce in decades, as the coronavirus pandemic causes policymakers and multinationals to reconsider globe-spanning supply chains that have become a defining feature of the world economy.
Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns.
As I see it, undervalued American stocks, I decided to push forward with the international version of the same article.
The following are the indices of major stock markets worldwide on Monday.
- Major stock market indices worldwide (Xinhua News Agency: May 25, 2020 at 2:08 AM)
China Business Digest: Policymakers Debate Economic-Safeguarding Measures; U.S. Blacklists 33 More Chinese Entities
China’s policymakers are debating whether to follow their global peers with aggressive steps like rate cuts and buying corporate and government debt to safeguard the economy.
Stocks gained modestly on Monday after a survey showed German business morale rebounded in May, while investors kept a close eye on escalating U.S.-China tensions in a thin trading session.
Russia’s National Mercantile Exchange sold 5,130 tonnes of grain totally worth 61.6 mln rubles ($860,000) on the 25th day of state commodities interventions, on May 25, the Exchange said in a statement on Monday.