For the first time in a week, Asian stocks rose as they tracked positive sentiment in the U.S. caused by the positive NFP result last Friday. Another factor for the increase is talks between the government and pro-democracy protesters in Hong-Kong. Axis bank Ltd is up 0.81%. TATA Motors advanced 1.01% as their new sedan models, Zest, released a positive sales figure for August. Gazprom OAO is up 0.73% correcting from its downwards trend on Friday. Japanese stocks rebounded upwards following the USD rally on Friday and the weakening of the JPY.
European stocks are also rallying on the back of positive sentiment from U.S. markets. Gains are also being seen as investors are speculating that the European Central Bank will increase stimulus. Tesco Plc. is up 1.57% after the company announced the addition of two external non-executive, independent directors with the the aim of rebuilding public trust. Barclays PLC added 1.89% as BNP Paribas analysts upgraded the stock rating to “Outperform”. AstraZeneca PLC, the pharmaceutical giant, advanced 1.32%.
On Friday, U.S. stocks rallied following the positive results of the Non-Farm Payroll report on Friday. The big news this Monday is that Hewlett-Packard Company (HP) (up 6.05% in pre-market trading) announced that it will split its traditional Printer- computer business from its computer servers, data storage devices, networking, software and services aimed at businesses in an attempt to create an edgier company. Yahoo added 1.31%. Apple declined 0.28%
October 6, 2014 – Stock Market News
For the first time in a week, Asian stocks rose as they tracked positive sentiment in the U.S. caused by the positive NFP result last Friday. Another factor for the increase is talks between the government and pro-democracy protesters in Hong-Kong. Axis bank Ltd is up 0.81%. TATA Motors advanced 1.01% as their new sedan models, Zest, released a positive sales figure for August. Gazprom OAO is up 0.73% correcting from its downwards trend on Friday. Japanese stocks rebounded upwards following the USD rally on Friday and the weakening of the JPY.
European stocks are also rallying on the back of positive sentiment from U.S. markets. Gains are also being seen as investors are speculating that the European Central Bank will increase stimulus. Tesco Plc. is up 1.57% after the company announced the addition of two external non-executive, independent directors with the the aim of rebuilding public trust. Barclays PLC added 1.89% as BNP Paribas analysts upgraded the stock rating to “Outperform”. AstraZeneca PLC, the pharmaceutical giant, advanced 1.32%.
On Friday, U.S. stocks rallied following the positive results of the Non-Farm Payroll report on Friday. The big news this Monday is that Hewlett-Packard Company (HP) (up 6.05% in pre-market trading) announced that it will split its traditional Printer- computer business from its computer servers, data storage devices, networking, software and services aimed at businesses in an attempt to create an edgier company. Yahoo added 1.31%. Apple declined 0.28%
Related Posts: