The CAC 40 Futures is trading at 4,483.00 with +0.00% percent or +0.00 point.The FTSE 100 Futures is trading at 5,866.70 up with +4.05% percent or +228.20 point. The DAX Futures is trading at 10,688.60 up with ++2.83% or +294.10 point. The EURO Stoxx 50 Futures trading at 2,881.00 up with +1.77% percent or +50.00 point.
TODAY’S FACTORS AND EVENTS
Staying in the banking sector, top executives at HSBC (LON:HSBA) and Standard Chartered (LON:STAN) announced they would forgo their bonuses for 2020 and donate part of their salaries to the fight against the Covid-19 pandemic. HSBC shares climbed 1.2% and Standard Chartered shares rose 3.5%.
The two banks said at the start of this month that they would cancel their dividends and suspend buybacks.
Elsewhere, shares in Suez (PA:SEVI) rose 2.4% after the French water and water management company said it was reducing, but not suspending, its 2019 dividend.
YESTERDAY ACTIVITY
For the day France’s CAC 40 closed at 4,506.85 up with +1.44%% percent or +64.10 point. the FTSE 100 closed at 5,842.66 up with +2.90% percent or +164.93 point. Germany’s DAX closed at 10,564.74 up with +2.24% percent or +231.85 point.
WORLD MARKETS
For the day the Dow is trading at 23,719.37 up with +1.22% percent or +285.80 point. The S&P 500 is trading at 2,789.82 up with +1.45%percent or +39.84 point. The Nasdaq Composite is trading at 8,153.58 up with +0.77% percent or +62.67 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,043.40 witha loss of –2.33% percent or –455.10 point. Hong Kong’s Hang Seng is trading at 24,300.33 up with +1.38% percent or +329.96 point. China’s Shanghai Composite is trading at 2,783.18 with a loss of –0.48% percent or –13.45 point. India’s BSE Sensex is trading at 30,835.34 with a loss of –1.04% percent or –324.28 point at 12:15 PM.
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