Stocks in Europe and Asia close higher, U.S. markets closed for Thanksgiving

Lola Evans
25 Nov 2022, 04:13 GMT+10

Stocks in Europe and Asia generally rose on Thursday while Wall Street was closed for Thanksgiving.
The U.S. dollar remained under pressure as investors weighed into the Sterling, euros, yen, and commodity currencies.
In Europe, the best-performing stock was LEG Immobilien German property company.

LONDON, UK - Stocks in Europe and Asia generally rose on Thursday while Wall Street was closed for Thanksgiving.

The U.S. dollar remained under pressure as investors weighed into the Sterling, euros, yen, and commodity currencies.

In Europe, according to CNBC, the best-performing stock was LEG Immobilien German property company, which rose 6.7 percent after Morgan Stanley upgraded it to "overweight."

The German Dax climbed 111.97 points or 0.78 percent to close Thursday at 14,539.56.

In Paris, France, the CAC 40 advanced 28.23 points or 0.42 percent to 6,707.32.

London's FTSE 100 inched up 1.36 points or 0.02 percent to 7,466.60.

In Japan, the Nikkei 225 advanced 267.35 points or 0.95 percent to 28,383.09.

The Australian All Ordinaries increased 9.80 points or 0.13 percent to 7,432.20.

South Korea's Kospi Composite added 21.83 points or 0.95 percent to 28,383.09.

In New Zealand, the S&P/NZX 50 was flat, edging down 2.09 points or 0.02 percent to 11,321.71.

The Hang Seng in Hong Kong rose 137.09 points or 0.78 percent to 17,660.90.

China's Shanghai Composite was off 7.60 points or 0.25 percent to 3,089.31.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Iraq Sun.

More Information

27 ℃

Cloudy in Baghdad

International

Section

Fire in nightclub in Spain kills 13, injures many others

MURCIA, Spain: Authorities said a nightclub fire over the weekend in the southeastern Spanish city of Murcia killed 13 people ...

International Longshore and Warehouse Union declares bankruptcy

SAN FRANCISCO, California: To resolve a pending litigation with the Oregon affiliate of the International Container Terminal Services Inc (ICTSI), ...

Drought compels Panama Canal to reduce ships passing through to 31

PANAMA CITY, Panama: On September 30, the Panama Canal said that due to a drought that has reduced the supply ...

First flight from Libya to Italy in 10 years, takes off from Tripoli

TRIPOLI, Libya: Italy and Libya resumed commercial flights for the first time in ten years on September 30, with flight ...

Maine fire destroys Jamie Wyeth paintings, guts historical buildings

SAINT GEORGE, Maine: A fire destroyed several waterfront buildings in Maine on September 29, including an art gallery with several ...

ASEAN leadership: Members refuse Myanmar's leadership in 2026

JAKARTA, Indonesia - According to Asian diplomats and the Philippines' president, Southeast Asian leaders have decided that Myanmar will not ...

Arab

Section