European stocks close stable
Brussels - Saba:
European stock indices closed Tuesday on a flat note, as investors awaited the results of the second day of US-China trade talks in London.
The Stoxx Europe 600 index closed flat for the second consecutive day at 553.12 points.
The financial sector index fell 1.4 percent, driven by a nearly 5 percent drop in UBS shares. The defense sector also fell to its lowest level in more than a week.
Conversely, the energy sector performed best, supported by higher oil prices. The healthcare sector also rose 1.2 percent, led by Novo Nordisk, which rose nearly 6 percent.
Whatsapp Telegram Email Print
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Saba Yemen
a day ago
- Saba Yemen
European stocks close stable
Brussels - Saba: European stock indices closed Tuesday on a flat note, as investors awaited the results of the second day of US-China trade talks in London. The Stoxx Europe 600 index closed flat for the second consecutive day at 553.12 points. The financial sector index fell 1.4 percent, driven by a nearly 5 percent drop in UBS shares. The defense sector also fell to its lowest level in more than a week. Conversely, the energy sector performed best, supported by higher oil prices. The healthcare sector also rose 1.2 percent, led by Novo Nordisk, which rose nearly 6 percent. Whatsapp Telegram Email Print
Saba Yemen
2 days ago
- Saba Yemen
Gold prices decline as dollar rises
Singapore - Saba: Gold prices declined on Tuesday, affected by a stronger dollar as market participants awaited details of the second day of US-China trade talks in London. Spot gold fell 0.6% to $3,307.22 per ounce by 05:02 GMT. While US gold futures fell 0.8% to $3,327.50 per ounce. Whatsapp Telegram Email Print more of (International)
Saba Yemen
7 days ago
- Saba Yemen
United States, China agree to further trade talks
Washington - Saba: US President Donald Trump and his Chinese counterpart, Xi Jinping, discussed the need for further talks between the two countries to resolve their differences over tariffs during a phone call on Thursday. The US president wrote on social media, "Our relevant teams will meet soon at a location to be determined," adding that he and his Chinese counterpart had exchanged invitations to visit each other's countries at a later date. For his part, the Chinese president said that his phone conversation with the US president was aimed at righting the course of the great ship of Sino-US relations. He added that it is imperative for both sides to work toward the right direction and eliminate all forms of disruption, which could amount to sabotage, which is particularly important. The Xinhua News Agency quoted the Chinese president as saying, "He urges both sides to take advantage of the existing economic and trade consultation mechanism, treat each other equally, respect each other's concerns, and strive to achieve win-win outcomes. He emphasized that China is committed to honesty and principles in its handling of this issue." Whatsapp Telegram Email Print
