Banking and energy stocks boosted the Greek bourse on the last day of this week, although the benchmark ended up holding onto just a fraction of the gains it had recorded before the closing auctions.
Chinese plans to impose national security laws on Hong Kong could see mainland intelligence agencies set up bases there, raising fears of direct law enforcement and what the United States branded a “death knell” for the city’s autonomy.
U.S. stock indexes moved in a flat-to-low range on Friday as investors gauged Sino-U.S. tensions amid continued uncertainty over the pace of economic recovery from the coronavirus.
Russian market indexes ended the trading session on Friday in the red.
London’s FTSE 100 fell on Friday, dragged down by Asia-focused lenders after China’s proposal to impose national security laws on Hong Kong compounded trade tensions between Washington and Beijing.
European shares closed unchanged on Friday although rising U.S.-China tensions hit Asia-exposed banks and luxury stocks, while hopes of a global recovery kept weekly gains intact for the main indexes.
British stocks decreased on Friday, with the benchmark FTSE 100 Index down by 0.36 percent, or 21.97 points, to close at 5,993.28 points.
Hedge funds are reaching record levels of exposure to healthcare stocks as the coronavirus pandemic rages on, Goldman Sachs said Friday.
German stocks edged up on Friday, with the benchmark DAX index up 7.94 points, or 0.07 percent, to close at 11,073.87 points.
French shares closed flat on Friday, with the benchmark Paris CAC 40 down 0.02 percent, or 0.88 points, to end at 4,444.56 points.