• About
  • Advertise
  • Contact
Sunday, June 1, 2025
Manhattan Tribune
  • Home
  • World
  • International
  • Wall Street
  • Business
  • Health
No Result
View All Result
  • Home
  • World
  • International
  • Wall Street
  • Business
  • Health
No Result
View All Result
Manhattan Tribune
No Result
View All Result
Home Business

Europe shares at standard peak after lowering interest economy

manhattantribune.com by manhattantribune.com
31 January 2025
in Business
0
Europe shares at standard peak after lowering interest economy
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


1/30/2025–|Last update: 1/30/202511:20 PM (Mecca time)

The European Stoxx 600 index rose to an unprecedented level today, Thursday, led by the shares of the real estate sector and thanks to the expectations of the pace of monetary facilitation by the European Central Bank, amid different business results announced by companies.

The European Central Bank reduced interest rates of 25 basis points to 2.75% as expected, and pointed to the possibility of reducing them again, as concerns overwhelmed the weak economic growth of concern about the continued inflation.

The decision came in the wake of data that showed the stagnation of the euro area economy unexpectedly in the past quarter. Traders are currently expecting to reduce interest rates by about 70 basis points by the end of this year.

The most prominent data of the rise of European stocks:

  • The Stoxx 600 index closed 0.9% to make gains in 10 sessions from the last 12 sessions.
  • The leadership stock index in Germany rose 0.4% to the highest level ever.
  • The real estate sector index, which is affected by interest rates, offers 1.9%, as revenue for German bonds has decreased.
  • The return on bonds has reached two years to the lowest level since January 8th.
  • The sub -index of technology shares rose for the third consecutive day, achieving gains of 1.1%, as the sector continued to recover from a wave of sale earlier in the week due to the appearance of a lower cost artificial intelligence model issued by the Chinese company Deep Cick.
  • Deutsche Bank shares fell about 3.2% after it recorded a greater decrease in the profits of last year and the last quarter of it.
  • The Spanish index rose 1% to the highest level since the global financial crisis in 2008.
  • Nokia share 6.7% after the company announced a modified operating profit and stronger sales than expected in the last quarter of last year.
In New York, main stock indicators witnessed a remarkable rise (French)

In America, the main stock indicators witnessed a remarkable increase, as::

  • The Standard & Poor’s 500 (S&P 500) index closed at 6072.22 points, an increase of 0.54%.
  • The Dow Jones Industrial Index increased by 0.54% to 44957.08 points.
  • The Nasdaq Boat Index, at 19688.75 points, closed a 0.29%increase.

These rises come in light of the investor assessment of the results of the business of major technology companies, as some companies have shown strong performance in their recent financial reports.

In addition, official statements of US GDP growth showed 2.1% in the fourth quarter of 2024, reflecting the continued economic recovery.

Tags: economyEuropeinterestloweringpeaksharesStandard
Previous Post

Trump renews his warning to Brexus against replacing the dollar economy

Next Post

Digital currencies high -risk investment .. How to protect your money? | economy

Next Post
Digital currencies high -risk investment .. How to protect your money? | economy

Digital currencies high -risk investment .. How to protect your money? | economy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Category

  • Blog
  • Business
  • Health
  • International
  • National
  • Science
  • Sports
  • Wall Street
  • World
  • About
  • Advertise
  • Contact

© 2023 Manhattan Tribune -By Millennium Press

No Result
View All Result
  • Home
  • International
  • World
  • Business
  • Science
  • National
  • Sports

© 2023 Manhattan Tribune -By Millennium Press