41 minutes ago
European stocks start higher
European stock markets opened higher on Monday, with the benchmark Stoxx 600 index up 0.5% by 8:05 a.m. London time.
Britain’s FTSE 100 index rose 1.1%, France’s CAC40 index rose 0.5% and Germany’s DAX index rose 0.7%.
7 hours ago
CNBC Pro: Top fund managers use these 7 global stocks to beat the market.
Global stock markets may be under pressure from geopolitical tensions and persistent inflation, but one portfolio manager sees potential in several stocks.
“There are always opportunities in any market situation, and we think the market is better than it currently believes,” Rob Hinchliffe, managing director and equity analyst at PineBridge Investments, told CNBC Pro last month. “I’m paying attention to stocks,” he said. .
Mr. Hinchliffe oversees more than $1 billion in assets for PineBridge through its Global Focus Equity Fund. The fund was established in 1999 and holds approximately 40 stocks.
He listed a number of stocks that are currently on the rise.
CNBC Pro subscribers can read more here.
— Amara Balakrishna
7 hours ago
CNBC Pro: Analysts like this gold explorer’s stock, with even the most cautious expecting the stock to rise 114%
The Canadian gold explorer’s stock price could double, according to Scotiabank analysts.
Investment banks reiterated their bullish stance after mining companies announced new drilling results at U.S. mines.
And Scotiabank isn’t the only analyst who likes this stock. BMO Capital Markets puts the stock up 209%, while Beacon Securities suggests the stock could rise 400% over the next 12 months.
CNBC Pro subscribers can read more here.
— Ganesh Rao
4 hours ago
European Market: Click here for opening call
European markets are set to open in positive territory on Monday.
According to IG data, the UK’s FTSE 100 index rose 78 points to 7,974, Germany’s DAX rose 58 points to 17,797, France’s CAC rose 43 points to 8,050 and Italy’s FTSE MIB rose 136 points. It is expected to rise by points to start at 33,373.
There will be no major earnings or data releases on Monday.
— Holly Ellyatt
