x

Global shares rise ahead of Biden’s inauguration as U.S President

Global shares were mostly higher ahead of Joe Biden’s inauguration as U.S. president Wednesday.

France’s CAC 40 added 0.2% to 5,607.84 in early trading, while Germany’s DAX rose 0.2% to 13,848.56.

Britain’s FTSE 100 edged up 0.1% to 6,722.42. U.S. shares were set to drift moderately higher as Dow futures inched up less than 0.1% to 30,841.0. S&P 500 futures were up 0.3% at 3,800.12.

Japan’s benchmark Nikkei 225 slipped 0.4% to finish at 28,523.26. Australia’s S&P/ASX 200 added 0.4% to 6,770.40, while South Korea’s Kospi edged up 0.7% to 3,114.55

Hopes are growing that Joe Biden’s planned stimulus for the American economy as well as measures to curb the pandemic will boost regional markets.

Markets have been rising on enthusiasm about a coming economic recovery as more people are inoculated with COVID-19 vaccines and Washington gets set to try for another round of economic stimulus.

Hot this week

NCDMB Signs Management Deal with Radisson for 204-Room Hotel in Yenagoa

The Nigerian Content Development and Monitoring Board (NCDMB) has...

ICPC Details Items Seized From Nasir El-Rufai’s Abuja Residence

The Independent Corrupt Practices and Other Related Offences Commission...

World Bank Commends Kogi Governor Ododo for Expanding Healthcare Access

From Noah Ocheni, LokojaThe World Bank has commended...

China, Nigeria Celebrate Lantern Festival, Renew Push for Women’s Empowerment

China and Nigeria have renewed their resolve to deepen...

Unfulfilled Political Promises Must End, Wike Tells Bwari Residents

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

Security Expert Warns of Emerging Armed Groups in Northern Nigeria

By Achadu Gabriel, KadunaA security expert has raised...

Abia Governor Alex Otti Receives Statesman Restoration and Security Award

By Ogenyi Ogenyi, UyoAbia State Governor, Alex Otti,...

Gov Otti gets Statesman Restoration and Security Award at NCCC’s National Prayer Summit

By Ogenyi Ogenyi.UyoGovernor Alex Otti has been formally honoured...

US-Based Investors Claim ₦50bn EMIS Telecom Funds Remain Trapped in FCMB

By Achadu Gabriel, KadunaSome U.S.-based investors linked to...

NBBF Presidential Aspirant Igoche Mark Pledges Unity, Development for Nigerian Basketball

Basketball promoter Igoche Mark has outlined plans to prioritise...

Oluremi Tinubu Urges Nationwide Adoption of Akwa Ibom Senior Citizens Centre Model

By Ogenyi Ogenyi, UyoNigeria’s First Lady, Senator Oluremi...

Related Articles

Popular Categories

spot_imgspot_img