Throughout the mornings trading session Asian Markets were on the rise.
Japan’s Nikkei shares climbed on Wednesday by 3% to 14,417.68 after a more positive direction on Wall Street the day before and comments from the Japanese Finance Minister Taro Aso that suggested more stock buying by the government’s pension fund.
One strong mover was SoftBank Corp which rose by 8.2%, after Alibaba stated that fourth-quarter profits more than doubled to $1.3 billion. SoftBank owns a 37% stake in the Chinese e-commerce giant.
European stocks
In early Wednesday European trading, stocks were on the rise as positive economic growth from china encouraged market sentiment. Frances CAC advanced 0.98%, supported by BNP Paribas gaining 1.36%, Germany’s DAX gained 0.97%, supported by Deutsche bank which gained 1.32%.
In London, FTSE 100 rose by around 0.68%, supported by gains in Tesco shares, which were up by 4.04%, after the retailer said earnings at its international unit fell less than expected
US Stocks
US markets opened higher today, with better than expected earnings from Yahoo which boosted the technological sector, Yahoo’s sales were also affected by higher earnings from Alibaba Group, the chinese e-commerce giant in which it holds a 24% stake.
Bank of America fell after posting first – quarterly losses
Google and IBM are among the technological companies releasing earnings on Wednesday. Trade these stocks on our Binary Options platform.
April 16, 2014 – Stock Market News
Asian Stocks
Throughout the mornings trading session Asian Markets were on the rise.
Japan’s Nikkei shares climbed on Wednesday by 3% to 14,417.68 after a more positive direction on Wall Street the day before and comments from the Japanese Finance Minister Taro Aso that suggested more stock buying by the government’s pension fund.
One strong mover was SoftBank Corp which rose by 8.2%, after Alibaba stated that fourth-quarter profits more than doubled to $1.3 billion. SoftBank owns a 37% stake in the Chinese e-commerce giant.
European stocks
In early Wednesday European trading, stocks were on the rise as positive economic growth from china encouraged market sentiment. Frances CAC advanced 0.98%, supported by BNP Paribas gaining 1.36%, Germany’s DAX gained 0.97%, supported by Deutsche bank which gained 1.32%.
In London, FTSE 100 rose by around 0.68%, supported by gains in Tesco shares, which were up by 4.04%, after the retailer said earnings at its international unit fell less than expected
US Stocks
US markets opened higher today, with better than expected earnings from Yahoo which boosted the technological sector, Yahoo’s sales were also affected by higher earnings from Alibaba Group, the chinese e-commerce giant in which it holds a 24% stake.
Bank of America fell after posting first – quarterly losses
Google and IBM are among the technological companies releasing earnings on Wednesday. Trade these stocks on our Binary Options platform.
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