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BNN – NEWS WITH VALUE »Investors resume buying stocks – stock prices rise in US and Europe

Stock prices in the United States and Europe rose on Monday, September 28, as investors resumed buying stocks after falling prices caused by rising COVID-19 cases and the resumption of measures to curb COVID-19, which were detrimental to the economy.

Despite the confusion about Brexi, The London Stock Exchange index rose by 1.8%, while the Frankfurt and Paris stock exchange indices rose by 3.2% and 2.4%, respectively.

“Investors are warming up again in equities and other risky assets,” he said ThinkMarket market analyst Fawad Razaqzada.

«Relatively low [jaunu] The number of COVID-19-related deaths means that investors are not very concerned about the growing [infekcijas] number of cases. “

“Instead, they remain optimistic about the potential approval of the vaccine in the near future, which, together with continued central bank support, is likely to help accelerate [ekonomikas] recovery, “added Razakzada.

US stock index Dow Jones Industrial Average on Monday rose 1.5% to 27,584.06 points, the index Standard & Poor’s 500 rose 1.6% to 3351.60 points, while the index Nasdaq Composite increased by 1.9% to 11,117.53 points.

The London Stock Exchange index FTSE 100 rose 1.5% to 5927.93 points on Monday, the Frankfurt stock exchange index DAX 30 rose 3.2% to 12,870.87 points, while the Paris stock exchange index CAC 40 rose 2.4% to 4843 , 27 points.

In the electronic trading of the New York Stock Exchange, the price of WTI crude oil increased by 0.9% on September 28 to USD 40.60 per barrel. Brent The price of crude oil rose 1.2% to $ 42.43 a barrel on the London Stock Exchange.

The euro rose against the US dollar from 1.1631 to 1.1664 dollars per euro on Monday, the British pound against the US dollar rose from 1.2746 to 1.2840 dollars per pound, and the US dollar against the Japanese yen fell from 105.58 to 105.56 yen per dollar. The euro depreciated against the pound sterling from 91.26 to 90.92 pence per euro.

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