The MSCI world equity index, which tracks shares in 49 countries, rose to a record high on Wednesday and held close to it on Thursday. It was up 0.1% on the day at 1522 GMT, as markets shrugged off the latest rise in U.S. jobless claims. Europe's STOXX 600, which is also having its best month on record, up 14.5% in November, was up 0.1% on the day.
LONDON: Global stocks held near record highs on Thursday, as recent vaccine progress, Joe Biden's U.S. presidential election victory and hopes for further stimulus kept markets bullish.
World equities are having their best month on record in November, boosted by positive vaccine announcements and hopes that Biden's administration will deliver more economic stimulus and political stability.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
