Asian markets end on a mixed note; European markets open flat

European stocks opened on a flat note on Friday morning as investors continue to monitor coronavirus developments and the prospects of economic recovery.

Sep 25, 2020 01:09 IST India Infoline News Service

Asian markets ended on a flat note on Friday with Hong Kong’s Hang Seng index slipped marginally at 23,252.60 levels.

The Shanghai Composite down 0.12% while the Shenzhen Component dipped fractionally, the Nikkei 225 rose 0.51%, the Topix index added 0.41% and South Korea’s Kospi also advanced 0.27%.

European stocks opened on a flat note on Friday morning as investors continue to monitor coronavirus developments and the prospects of economic recovery.

The pan-European Stoxx 600 inched 0.1% above the flat-line with telecoms adding 0.8% while tech stocks fell 0.5%.

Investors will also watch developments on potential US coronavirus stimulus. House Democrats are reportedly preparing a new $2.4 trillion stimulus plan as the party looks to restart negotiations with the White House following talks that fell apart last month.

Overnight on Wall Street, stocks eked out small gains with the Dow Jones Industrial Average closed 52.31 points higher, or 0.2%, at 26,815.44. The S&P 500 added 0.3% to finish its trading day at 3,246.59 while the Nasdaq Composite advanced 0.4% to close at 10,672.27. 

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