The MOEX index grew by 0.18% and reached 2,911.08 points, and the RTS index – by 0.24% to 1,181.29 points.
Asia’s biggest Tokyo Stock Exchange (TSE) will not be able to resume trading on Thursday due to a technical problem, the news was published on its website.
- Tokyo Stock Exchange halts trading for the rest of the day (TASS Russian News Agency: 2020-10-01 03:59:57+00:00)
U.S. stock markets opened higher on Thursday, buoyed by revived hopes of a new package of fiscal stimulus measure to sustain an economy whose rebound from the pandemic has appeared to weaken in recent data.
As big U.S. commercial banks close their books on the third quarter, analysts expect them to report a 30% to 60% plunge in profits on the year-ago period due to the pandemic-induced recession and near record low interest rates.
India stocks were higher after the close on Thursday, as gains in the Banking, Real Estate and Carbon sectors led shares higher.
Plans to raise a total of 5 billion pounds ($6.5 billion), including 2 billion from shareholders, to cope with a “worst case scenario” as the coronavirus travel crisis crushes the British engine maker’s cashflow.
Australian shares closed higher on Thursday, rebounding from a more than 2 per cent drop in the previous session, boosted by stimulus talks and hopes of further easing in coronavirus restrictions in the country.
The MOEX Russia Index lost 1.87% to 2,910.71 points in September.
As of 1:35 pm, Inter RAO shares narrowed losses to 3.75% trading at 5.573 rubles per share.
Joe Biden’s plans to hike taxes for rich Americans will be key for markets if he wins the election, a strategist says
Joe Biden’s plan to raise taxes for rich Americans and corporates will be a key focus for markets if he wins the US elections, Eric Robertson, head of global macro strategy at Standard Chartered Bank told CNBC on Wednesday.