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GLOBAL MARKETS-Indices mixed on vaccine, US relief package

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Major European stock markets opened with gains on Monday as positive sentiment was pushed by the news that the European Union plans to double the monthly Covid-19 vaccine production by the end of the month.

NEWS IN ENGLISH 08.03.2021, 13:10
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GLOBAL MARKETS-Indices mixed on vaccine, US relief package
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Meanwhile, over the weekend, the United States Senate approved the long-awaited $1.9 trillion relief package. Equities on major stock markets in the Asia-Pacific region traded mostly lower on Monday after the United States Senate voted to pass US President Joe Biden's rescue plan worth $1.9 trillion. 


Shares on the major stock market indexes in the United States traded below the flatline in the premarket on Monday with Nasdaq 100 dropping more than 2 percent in the red, with the main focus among investors was the passing of the $1.9-trillion COVID relief plan by the US Senate.


The DAX rose 0.73 percent at the opening bell, the FTSE 100 climbed 0.71 percent. The CAC 40 advanced 0.68 percent. The euro lost 0.21 percent against the dollar to go for 1.18906, while the pound stood flat at $1.38444.


The Nikkei 225 and the Kospi closed losing 0.42 percent and 0.95 percent, respectively, while the S&P/ASX 200 in Australia ticked 0.43 percent higher to end the session. The Hang Seng sank 1.29 percent, the Shanghai Composite fell 1.80 percent and the Shenzhen Composite plummeted 3.09 percent.


The Dow Jones Industrial Average dove 0.52 percent, while the Nasdaq 100 dropped 2.2 percent. The S&P 500 concurrently lost 1.08 percent. 
 

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