市场快报

European stocks rise as Dax closes in on record high

Asian equities fall after weak third-quarter results from Alibaba
Europe’s region-wide Stoxx 600 rose 0.4% while London’s FTSE 100 added 0.3% at the market open

European stocks rose on Friday, pushing Germany’s Dax close to a record high, as investors awaited speeches by central bankers later in the day for clues on the future direction of interest rates.

The benchmark index in Frankfurt gained 0.3 per cent in early trade, putting it less than 100 points off the 16,290 high set in November 2021, as investors were encouraged by further signs that inflation was cooling.

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