Monday,14 November 2022 08:23:35

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Monday,14 November 2022 at 08:25

U.K. and European stocks opened in positive territory, with regional markets still seeing a boost from last week’s U.S. inflation figures.

Hong Kong stocks led gains in a mixed Asia-Pacific session as Japan’s benchmark index was dragged lower by tech giant SoftBank Group.

Oil prices rose nearly 1%, extending gains from the previous session as the top oil importer, China, eased some of its strict Covid-19 protocols.

Gold prices slightly retreated as the dollar and U.S. bond yields rose.

In corporate news, AstraZeneca said that three of its drugs had been recommended for approval in the European Union.

The pharmaceuticals giant said ‘Imfinzi’ plus chemotherapy had been recommended for approval as a first immunotherapy regimen for advanced biliary tract cancer.

Markets

At 08:15

FTSE 100 7,375 +0.79%

FTSE 250 19,556 (-0.24%)

DAX 14,305 +0.58%

At the close

Dow Jones 33,747 +0.10%

S&P 500 3,992 +0.92%

NASDAQ 11,323 +1.88%

Fixed Income

UK 10-YR YIELD 3.373

Exchange Rates

GBP/USD 1.181

GBP/EUR 1.141

Commodities

Gold $1,764 (-0.36%)

Brent $96.09 +0.20%

Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.