Arab Today, arab today world markets shares rise
Last Updated : GMT 04:43:53
Arab Today, arab today
Arab Today, arab today

World markets shares rise

Arab Today, arab today

Arab Today, arab today World markets shares rise

Tokyo - SPA

Shares rose ahead of a monthly policy meeting of the European Central Bank on Thursday as easing tensions in the Ukraine kept markets stable after their recent bout of volatility, AP reported. Britain's FTSE 100 gained 0.3 percent to 6,797.14 and Germany's DAX added 0.4 percent to 9,577.35. The CAC-40 in France rose 0.6 percent to 4,416.72. Wall Street looked poised for gains, with both Dow futures and S&P 500 futures up 0.2 percent. Markets are still monitoring developments in Ukraine, but the focus is shifting to China and to a slew of economic news late this week, culminating with Friday's U.S jobs report for February. In Asia, Japan's Nikkei 225 stock average rose 1.6 percent to 15,134.75 as the dollar headed back toward 103 yen after dropping in previous days on safe-haven buying of the Japanese currency. Hong Kong's Hang Seng was up 0.6 percent at 22,702.97 and South Korea's Kospi added 0.2 percent to 1,975.62. Markets in Southeast Asia were higher. Shanghai's benchmark climbed 0.3 percent to 2,059.58 after Finance Minister Lou Jiwei, speaking on the sidelines of the national legislative session, said the government could tolerate growth less than 7.5 percent this year provided sufficient new jobs are created. Among currencies, the euro was little changed at $1.3727 from $1.3734 late Wednesday. The U.S. dollar rose to 102.76 yen from 102.37 yen. Benchmark U.S. crude oil for April delivery cost $101.31, down 14 cents in electronic trading on the New York Mercantile Exchange.

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