AP, Hong Kong :
Global share indexes advanced Friday, lifted by progress toward a deal on Britain’s exit from the EU and robust economic data from Japan and China.
KEEPING SCORE: Britain’s FTSE 100 gained 0.1 percent to 7,327.24 while Germany’s DAX added 1.1 percent to 13,193.05 and the CAC 40 of France rose 0.7 percent to 5,418.64. S&P 500 futures rose 0.2 percent and Dow futures were up 0.1 percent, pointing to gains on Wall Street.
ASIA’S DAY: Japan’s benchmark Nikkei 225 index rose 1.4 percent to 22,811.08, while South Korea’s Kospi eked out a 0.1 percent gain to 2,464.00. Hong Kong’s Hang Seng rose 1.2 percent to 28,639.85 and the Shanghai Composite in mainland China added 0.6 percent to 3,289.99. Australia’s S&P/ASX 200 climbed 0.3 percent to 5,994.40. Shares in Southeast Asia also gained.
BREXIT: British Prime Minister Theresa May announced that an agreement between Britain and the European Union guarantees the rights of 3 million EU citizens in the U.K. and 1 million Britons elsewhere in the bloc. It also ensures there will be no hard border between Northern Ireland and the Republic of Ireland after Brexit. The European Union’s chief negotiator welcomed the breakthrough but said there was still work to be done.
Global share indexes advanced Friday, lifted by progress toward a deal on Britain’s exit from the EU and robust economic data from Japan and China.
KEEPING SCORE: Britain’s FTSE 100 gained 0.1 percent to 7,327.24 while Germany’s DAX added 1.1 percent to 13,193.05 and the CAC 40 of France rose 0.7 percent to 5,418.64. S&P 500 futures rose 0.2 percent and Dow futures were up 0.1 percent, pointing to gains on Wall Street.
ASIA’S DAY: Japan’s benchmark Nikkei 225 index rose 1.4 percent to 22,811.08, while South Korea’s Kospi eked out a 0.1 percent gain to 2,464.00. Hong Kong’s Hang Seng rose 1.2 percent to 28,639.85 and the Shanghai Composite in mainland China added 0.6 percent to 3,289.99. Australia’s S&P/ASX 200 climbed 0.3 percent to 5,994.40. Shares in Southeast Asia also gained.
BREXIT: British Prime Minister Theresa May announced that an agreement between Britain and the European Union guarantees the rights of 3 million EU citizens in the U.K. and 1 million Britons elsewhere in the bloc. It also ensures there will be no hard border between Northern Ireland and the Republic of Ireland after Brexit. The European Union’s chief negotiator welcomed the breakthrough but said there was still work to be done.
