Stocks in Europe and Asia close higher, U.S. markets closed for Thanksgiving

Lola Evans
25 Nov 2022, 04:13 GMT+10

Stocks in Europe and Asia generally rose on Thursday while Wall Street was closed for Thanksgiving.
The U.S. dollar remained under pressure as investors weighed into the Sterling, euros, yen, and commodity currencies.
In Europe, the best-performing stock was LEG Immobilien German property company.

LONDON, UK - Stocks in Europe and Asia generally rose on Thursday while Wall Street was closed for Thanksgiving.

The U.S. dollar remained under pressure as investors weighed into the Sterling, euros, yen, and commodity currencies.

In Europe, according to CNBC, the best-performing stock was LEG Immobilien German property company, which rose 6.7 percent after Morgan Stanley upgraded it to "overweight."

The German Dax climbed 111.97 points or 0.78 percent to close Thursday at 14,539.56.

In Paris, France, the CAC 40 advanced 28.23 points or 0.42 percent to 6,707.32.

London's FTSE 100 inched up 1.36 points or 0.02 percent to 7,466.60.

In Japan, the Nikkei 225 advanced 267.35 points or 0.95 percent to 28,383.09.

The Australian All Ordinaries increased 9.80 points or 0.13 percent to 7,432.20.

South Korea's Kospi Composite added 21.83 points or 0.95 percent to 28,383.09.

In New Zealand, the S&P/NZX 50 was flat, edging down 2.09 points or 0.02 percent to 11,321.71.

The Hang Seng in Hong Kong rose 137.09 points or 0.78 percent to 17,660.90.

China's Shanghai Composite was off 7.60 points or 0.25 percent to 3,089.31.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tucson Post.

More Information

78 ℉

Fair in Tucson

Business

Section

Global aluminum output at record high in August with demand from China

LONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...

U.S. stocks rise as dollar loses steam

NEW YORK, New York - Easing pressure on U.S. Treasury yields boost stocks on American markets Thursday. Gains however were ...

Ford puts Michigan EV battery plant work on hold due to union issues

DEARBORN, Michigan: Due to concerns about its ability to operate competitively while it is locked in broader union contract negotiations, ...

Air Canada to acquire 18 787 Dreamliners from Boeing

OTTAWA, Canada: As part of its plan to capitalize on strong travel demand and deploy fuel-efficient airplanes, this week, Air ...

Adidas launches newest running shoes costing $500

LONDON, UK: This week, Adidas' newest running shoes, the Adizero Adios Pro Evo 1, went on sale for US$500. Worn ...

U.S. stocks struggle, techs however eke out minor gain

NEW YORK, New York - U.S. stocks remained on a slippery slope on Wednesday as interest rates continued to hover ...

Arizona

Section