On Monday morning, European stock markets rose, as investors appeared to be getting rid of the increasing number of deaths from coronavirus.
The pan-European Stoxx 600 rose slightly by 0.2% in early trading. Automobiles rose 1%, leading the gains, while the food and beverage sector fell 0.9%.
According to data compiled by Johns Hopkins University, the global market is responding to news that the coronavirus has now killed more than 500,000 people worldwide. The number of confirmed infections has exceeded 1
The data shows that the United States accounts for more than 20% of the total number of Covid-19 deaths, more than any other country in the world, followed by Brazil, the United Kingdom, Italy and France. However, due to differences in reporting methods, it is difficult to compare the death toll by country.
Supported by data, the Asia-Pacific stock market fell on Monday, oil prices fell, and Monday’s data fell for the second consecutive trading day. Previous data showed that the number of coronavirus cases increased, leading to the re-implementation of local locking measures. Some countries that may weaken oil demand.
There were no major gains in Europe on Monday. In terms of data, the Eurozone economic prosperity index for June was released at 10 am London time.
Wirecard’s stock rose more than 100% in early trading, although this only means that the company’s actual share price rose slightly to 2.58 euros ($2.90) per share, after the stock was due to the lack of $2.1 billion on the German payment company’s balance sheet. And fell sharply. Austrian chip maker AMS rose 6.4%.
At the beginning of the day, there were no major losses, Danone fell 3.4% to the lowest point of the European blue chip index.