Saudi minister announces formation of National Grain Company
- Date: 25-Aug-2020
- Source: Arab News
- Sector:Agriculture
- Country:Saudi Arabia
Saudi minister announces formation of National Grain Company
LONDON: Equity markets gained for a second straight session on Monday as hopes for a coronavirus treatment boosted risk assets and markets geared up for the US Federal Reserve's annual Jackson Hole meeting later in the week.
Europe's pan-regional STOXX 600 rose 1.3 percent and the global benchmark added 0.4 percent after US regulators authorized the use of blood plasma from recovered patients as a treatment option.
The rises follow healthy gains in Asia, where MSCI's broadest index of Asia-Pacific shares ex-Japan jumped 0.8 percent to flirt with a six-month high touched last week and Japan's Nikkei added 0.3 percent. US futures indicated gains on Wall Street ahead, raising the prospect of record highs for the S&P 500.
Markets latched onto an announcement from the US Food & Drug Administration for an "emergency use
Select Sector 
Select Country 
