The FTSE 100 Futures is trading at 7,353.50 with a loss of -0.06% percent or -4.30 point. The CAC 40 Futures is trading at 5,920.50 up with +0.02% percent or +0.02% point. The DAX Futures is trading at 13,254.80 with a loss of -0.35% percent or -45.90 point. The EURO Stoxx 50 Futures trading at 3,714.00 with a loss of -0.11% percent or -4.00 point.
TODAY’S FACTORS AND EVENTS
The number of reported cases of the 2019 n-Cov had climbed to 20,600 cases even as China’s President Xi Jinping reportedly told a meeting of top leaders that the outbreak would directly impact social stability and the governor of the Bank of Japan indicated that the central bank may act to reduce the hit to its economy.
“The rebound in stocks in mainland China overnight influenced traders in Europe,” said David Madden, senior market analyst at CMC Markets UK.
“But the markets have yet to recoup all the ground that was given up last week, so traders haven’t totally shaken off the health fears.”
By the end of trading, the pan-European Stoxx 600 was ahead by 1.64% to 418.47, alongside a rise of 1.81% to 13,281.74 for the German Dax while the Italian FTSE Mibtel clocked in with an advance of 1.64% to 23,844.85.
For the day the FTSE 100 closed at 7,439.82 up with +1.55% percent or +113.51 point. France’s CAC 40 closed at 5,935.05 up with +1.76% percent or +102.54 point.Germany’s DAX closed at 13,281.74 up with +1.81% percent or +236.55 point.
For the day the Dow is trading at 28,807.63 up with +1.44% percent or +407.82 point. The S&P 500 is trading at 3,297.59 up with +1.50% percent or +48.67 point. The Nasdaq Composite is trading at 9,467.97 up with +2.10% percent or +194.57 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,319.56 up with +1.02% percent or +234.97 point. Hong Kong’s Hang Seng is trading at 26,739.40 up with +0.24% percent or +63.42 point. China’s Shanghai Composite is trading at 2,818.09 up with +1.25% percent or +34.80 point. India’s BSE Sensex is trading at 40,934.05 up with +0.35% percent or +144.67 point at 12:15 PM.