Asian, European shares edge higher – GulfToday
- Date: 15-Feb-2021
- Source: Gulf Today
- Sector:Financial Markets
- Country:Middle East
Asian, European shares edge higher – GulfToday
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.
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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