London’s FTSE 100 surpasses 7,000 with gains in industrials stocks, as global markets also recovered from a crypto crash.
The blue-chip FTSE 100 closed 70 more points at 7,020 on Thursday, while the domestically-focused FTSE 250 closed 157 more points at 22,392.
Stocks also closed higher on Wall Street Thursday, ending a three-day streak of losses, helped by gains in tech stocks, positive weekly unemployment data. The S&P 500 rose 1.1% and the highly technological Nasdaq rose 1.8%. The Dow Jones Industrial Average rose 0.6 percent.
Asia-Pacific stocks traded higher on Friday morning following positive global indices. Japan’s Nikkei 225 is trading with a 0.5% gain around noon, while mainland Chinese markets opened higher but entered red territory after an early trade.
Hong Kong’s Hang Seng fell 0.2% at noon before rebalancing later Friday for the June quarter.
Meanwhile, Indian indices rose on Friday after a 2-day losing streak, with Sensex opening above 50,000 and Nifty regaining 15,000.
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This notice was published: 2021-05-21 04:44:44