Asian, European shares edge higher – GulfToday

SourceGulf Today
SectorFinancial Markets
CountryMiddle east

Picture used for illustrative purpose. File Gulf Today Report  Asian shares recorded gains on Monday due to hope of successful coronavirus vaccine rollout globally leading to rapid economic recovery.    MSCI's broadest index of Asia-Pacific shares outside Japan jumped 0.6% to 738.23, with all major indexes in the green.   Japan's Nikkei climbed 1.9%, reclaiming the 30,000 point level for the first time in over three decades.    China and Hong Kong markets are shut for the Lunar New Year holiday.  READ MORE     ADNOC Distribution reports Dhs2.4 billion net profit   Oil prices jump to 13-month highs   Ngozi Okonjo-Iweala set to be first woman to lead WTO European shares    London's FTSE 100 advanced on Monday due to gains in mining and energy stocks and investors hope for economic recovery.    The commodity-heavy FTSE 100 was up 1.3% by 09:11 GMT, boosted by miners Anglo American, Rio Tinto and BHP Group and oil producers BP and Royal Dutch Shell.   Russ Mould, investment director at ...read more...