Global stocks hit five-week highs, but Covid-19 worries cap gains in Europe and US
European countries are considering adding fresh travel curbs due to rising coronavirus infections
12 October 2020 - 10:57
London/Singapore — Global stocks hit five-week highs on Monday led by China’s post-holiday surge as investors bet on a steady recovery for the world’s second-largest economy, but worries about rising Covid-19 infections capped gains in Europe and the US.
European countries are considering adding fresh travel curbs due to rising coronavirus infections, a contrast to Asia-Pacific countries including Singapore, Australia and Japan, where a gradual easing of some international travel restrictions is under way...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.