European shares rise in early trading led by mining and commodities companies
2016-10-18 14:41:49 GMT (Economies.com)
European shares rise in early trading led by mining and commodities companies

European stocks rose during the morning trading on Tuesday on its way towards achieving the second gain in three sessions, as mining and commodities companies benefiting from the rise of metals and commodity prices in global markets led hikes, as well as achieving some of corporate profits exceeded estimates in the third quarter.

 

 

The Dow Jones Stoxx Europe 600 Index rose by 1.1 by at 10:03 GMT, the index Finished trading yesterday, down by 0.7 percent, affected by losses of energy sector.

 

 

The mining sector and commodities rose almost 2 percent to be the biggest winner among all European sectors of the Dow Jones Stoxx 600 Index, and metals and commodity prices in global markets rallied due to falling US currency against a basket of currencies.

 

 

BilliB shares rose 3 percent after the British company made a profit exceeded estimates and raised the value of the dividend, and Remy Cointreau shares rose 4 percent after the company posted sales exceeded the average forecast.

 

 

Futures for the S & P 500 rose 0.6 percent, and the index ended yesterday's session on Wall Street, down by 0.3 percent, affected by losses of energy sector companies commodities.

 

 

As for the most important European markets indicators euros Stoke 50 index rose 1.2 percent, and France's CAC 40 index increased by 1.2 percent, and in Germany the DAX index rose 1.2 percent, and in London Financial Times 100 index added 0.9 percent.

 
 
 
USD to Arab Currencies
Yemen249.9500
UAE3.6728
Tunisia2.2724
Syria514.9800
Sudan6.4077
Saudi Arabia3.7488
Qatar3.6405
Oman0.3848
Morocco9.9720
Libya1.4283
Lebanon1505.4000
Kuwait0.3048
Jordan0.7080
Iraq1181.0000
Egypt18.6000
Bahrain0.3769
Algeria109.4030