Shares hit by US-North Korea tensions

Shares hit by US-North Korea tensions”

The pan-European STOXX 600 was down 0.7% at closing, France's CAC 40 fell 1.4% after a auto hit a group of soldiers in Paris in what is thought to have been a deliberate act, and a fall in bond yields saw Germany's DAX down 1.1%. The blue-chip index closed down 1.4%, or 108.12 points, at 7,389.94 on Thursday.

Officials in North Korea said they were "carefully examining" a strike on Guam, which is home to around 163,000 people and two US military installations and threatened a further "all-out war wiping out all the strongholds of enemies, including the USA mainland" in a government statement.

His order, reported in state media, came hours after U.S. President Donald Trump late Tuesday warned Pyongyang not to "make any more threats" to the U.S, saying it would face a "fire and fury" response ( "like the world has never seen".

'Escalating tensions between the U.S. and North Korea seriously spooked the European indices after the bell. They are expected to cut North Korea's export revenues by one third.

As a result, the volatility index reached a nine-month high, though it was close to record lows earlier this week, before the tensions sparked.

Gold prices also rose on safe-haven demand while oil portrayed a mixed trend after the release of API inventory data.

London's benchmark FTSE 100 index shed 0.9 per cent to 7,323.45 points. In China, the Shanghai Composite is down 1.4%, while the Hang Seng index in Hong Kong is down 2.0%.

Korea's Kospi stock benchmark lost 1.1% as geopolitical concerns grew, clipping its year-to-date gain to 16.9%.

Traders reacted with dismay to his fresh warning Thursday that his earlier threat to unleash "fire and fury" on the reclusive nuclear-armed state may not have been "tough enough". This was much slower than the 19.1% increase seen in June.

During January to July, fiscal expenditure advanced 14.5% from the corresponding period of the previous year.

Sterling slipped below $1.30, close to a two-and-a-half-week low but it strengthened against the euro by 0.2%, following Tuesday's 10-month low. Operating profits were 5% higher to £2.4bn (consensus: £2.02bn) on an IFRS basis and at constant exchange rates but 15% ahead at current exchange rates.

Meanwhile, Domino's Pizza Group said it has formed a partnership with its largest franchisee in London, paying GBP24.0 million to take a 75% stake in a newly-formed company which will consist of all the franchisee's operations in the capital, a total of 25 existing stores. In the U.S., the consumer price index and the Baker Hughes oil rig count are at 1330 BST and 1800 BST, respectively.

Like this


18 February 2018
How to Write a Good Essay
Most importantly, you have to persuade a reader that what you research about is actual issue. ❏ Define the aim of your research. You get further insight into this problem thanks to , a reliable company that provides academic writing services.

11 August 2017
Seoul shares open lower amid escalating tensions over North Korea
US President Donald Trump told reporters at his golf club in Bedminster, New Jersey, on Thursday that he will respond forcefully to any North Korean attack on the US or its allies.

11 August 2017
Air quality affects practices for fall sports
The air pollution advisory went into effect last week when huge swaths of the state reached near record-breaking temperatures .

11 August 2017
HTC U11 Life aka Ocean Life Press Render and Specs Leak
The smartphone will be equipped with a 16MP Panorama front placed camera that's going to take selfies to the next level. The HTC U11 Life also features a front facing camera on the top, which is expected to be a wide-angle camera.

11 August 2017
WWE Network to Launch in China
The launch date comes a few days before Summerslam 2017 which will be broadcast live with Mandarin commentary on August 21, 7 a.m. This is WWE's latest attempt at making inroads into the Chinese market.

11 August 2017
Madras HC stays look out notice issued against Karti Chidambaram
He also said it was issued without jurisdiction to prevent him from travelling overseas . The Madras High Court directed the CBI to serve a copy of the circular with Karti.

11 August 2017
Murió en un asalto líder de la banda Tierra Mojada
Al lugar arribaron equipos de emergencia, sin embargo, Ruiz García murió en el hospital horas después. La banda inició en el año de 1989, en San Andrés Huayupam , Oaxaca .

11 August 2017
Boy, 3, found dead in Florida day care van
The driver must sign and date the log and must do a visual sweep of the vehicle, DCF said. Mina said charges are pending against the worker, whose identity hasn't been released.

11 August 2017
Shahid Kapoor takes daughter Misha for first family vacation. See photos
Shahid is totally in love with his daughter and he keeps posting picture and videos of the cute little kid. Shahid looked dapper in a white pullover and a pair of grey denims, Mira appeared in a black outfit.

11 August 2017
No insurance renewal for Delhi-NCR vehicles without pollution certificate: SC
The Union Ministry of Road Transport and Highways was a party in the case and had responded positively to the EPCA report. These centres issue pollution under control ( PUC ) certificates to vehicle owners.