Improvement in global financial markets and stability in oil prices

Paris-Sana

Global stock markets rebounded today after the accumulated heavy losses since the beginning of the week, but the market atmosphere is still unclear and related to the developments of the Russian military operation in Ukraine.

According to Agence France-Presse, oil prices began to stabilize after their sharp rise yesterday, while wheat prices fell in European trading, at a time when Russia and Ukraine are among the largest wheat producers in the world.

The European stock exchanges recorded an improvement at the beginning of their sessions, after their losses amounted to about 4 percent in the previous day, as the Paris stock exchanges rose by 0.91 percent, London by 1.47 percent, Frankfurt by 0.62 percent and Milan by 0.30 percent, while the Moscow Stock Exchange rose today by 20 percent.

The improvement in the stock markets came with the push of Wall Street, which opened sharply lower yesterday, but its three major indices closed with a gain of 0.25 percent for Dow Jones, more than 3 percent for Nasdaq, and 1.5 percent for the broader “S & P 500 by 1.5 percent.” In its sessions, a rise in the Tokyo Stock Exchange, the Nikkei index rose by 1.95 percent.

Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency