Global share lowers as investors wary over stimulus
Global shares were mostly lower on Monday, with Japan’s benchmark rising but most others slipping despite hopes for a recovery from the coronavirus pandemic with the global rollout of vaccines.
image for illustrative purpose
Tokyo: Global shares were mostly lower on Monday, with Japan's benchmark rising but most others slipping despite hopes for a recovery from the coronavirus pandemic with the global rollout of vaccines.
France's CAC 40 slipped 1.1 per cent in early trading to 5,708.39, while Germany's DAX dove 1.3 per cent to 13,816.87. Britain's FTSE 100 declined 1.1 per cent to 6,554.12. US shares were to open lower, with the future contract for the Dow industrials sliding 0.7 per cent to 31,224.
The S&P 500 future fell nearly 1 per cent to 3,865.12. Benchmarks rose in Japan but fell in South Korea, Australia and China. Investors remain focused on the future of global economies badly hit by Covid-19 and when and whether there will be enough stimulus to fix it.
