• Thu, Mar 5, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

21 November 2025 00:28  |

European Stocks Close Higher

European stocks closed sharply higher on Thursday, tracking the recovery in major equity markets worldwide after strong earnings for Nvidia alleviated concerns that high valuations for tech stocks were unwarranted.

The chip giant beat Wall Street's earnings estimates and stated it does not see a bubble in AI services and infrastructure equities, triggering a rebound in risk sentiment. European firms with exposure to datacenter infrastructure booked sharp gains, with Siemens, Schneider, and ASML closing higher. In the meantime, BNP Paribas led the session for banks after it announced a new buyback plan and increased its CET1 ratio target to 13% by 2027.

On the other hand, Novartis dropped 2% despite increasing sales targets for to major cancer drugs.

Source : Tradingeconomics.com

Related News

MARKET UPDATE

Asian Markets Tend to Be Cautious Following US Data Release...

Asian stock markets opened without a clear direction on Wednesday (August 6th), after weak US services sector data fueled unc...

6 August 2025 07:48
MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

Asian Stocks Down, SoftBank Plunges 10%

Asian stock markets fell on Wednesday, as investors digested Japanese trade data and the formation of a new government in Tok...

22 October 2025 08:44
MARKET UPDATE

Asian Stocks Drop as Trump’s Tariff Deadline Nears

Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% le...

9 April 2025 07:25
BIAS23.com NM23 Ai