German stocks rose on Wednesday, with the benchmark DAX index up 124.06 points, or 1.04 percent, to close at 12,094.26 points.
French shares edged up on Wednesday with the benchmark Paris CAC 40 up 0.78 percent, or 42.52 points, to close at 5,499.14 points.
Turkey’s lira slid 0.5% on Wednesday, breaking through what traders called a key support level of 5.85 against the dollar, after Turkey launched a military operation targeting Kurdish fighters in northeast Syrian.
German shares logged their best day in six weeks on Wednesday, leading the charge among European shares, as sentiment was lifted by signs of progress in U.S.-China trade relations a day ahead of high-level talks between the two parties.
Indian shares closed 1.7% higher on Wednesday after six consecutive sessions of declines, with the banking sector leading gains, as investors geared up for second-quarter corporate earnings.
Wall Street rose on Wednesday on the back of gains in technology stocks, as investor sentiment was boosted by reports indicating an ease in trade tensions between the United States and China ahead of pivotal talks on Thursday.
The following are the indices of major stock markets worldwide on Wednesday.
- Major stock market indices worldwide (Xinhua News Agency: Oct 9, 2019 at 2:13 AM)
After falling for six straight sessions, banking and financial stocks rallied sharply on October 9, partly due to short covering and expectations of IndusInd Bank improving earnings in the September quarter.
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Euro zone government bond yields rose on Wednesday, reversing some of the previous day’s falls as a media report eased worries about escalating U.S.-China trade tensions.
- Euro zone bond yields rise; focus on U.S.-China trade tensions (Reuters: Oct 9, 2019 at 11:03 AM)