An hour ago
European stocks open higher
European stocks opened higher on Monday, with the benchmark Stoxx 600 index up 0.5% at 8:05 a.m. London time.
Britain’s FTSE 100 index climbed 1.1%, while France’s CAC 40 rose 0.5% and Germany’s DAX rose 0.7%.
8 hours ago
CNBC Pro: A Top Fund Manager Uses These 7 Global Stocks to Beat the Market
Global stock markets may be under pressure due to geopolitical tensions and persistent inflation, but one portfolio manager sees potential in several stocks.
“There are always investment opportunities in all market conditions. We look for stocks that we think are better than what the market currently believes,” Rob Hinchliffe, managing director and equity analyst at PineBridge Investments, told CNBC Pro last month. .
Hinchliffe oversees more than $1 billion in PineBridge assets through his Global Focus Equity Fund. The fund – launched in 1999 – holds stakes in around forty stocks.
He named a number of his main actions of the moment.
CNBC Pro subscribers can learn more here.
-Amala Balakrishner
8 hours ago
CNBC Pro: Analysts love this gold miner’s stock — and even the most cautious expect it to soar 114%
Shares of a Canadian gold explorer could double, according to analysts at Scotiabank.
The investment bank reiterated its bullish stance after the mining company released new drilling results at its US mine.
And Scotiabank analysts aren’t the only ones who like the stock. BMO Capital Markets gives it 209% upside potential, while Beacon Securities suggests the stock could rise 400% over the next 12 months.
CNBC Pro subscribers can learn more here.
-Ganesh Rao
4 hours ago
European markets: here are the opening calls
European markets are expected to open in positive territory on Monday.
Britain’s FTSE 100 index is expected to open 78 points higher at 7,974, Germany’s DAX up 58 points at 17,797, France’s CAC up 43 points at 8,050 and Italy’s FTSE MIB up 136 points to 33,373, according to IG data.
There are no major results or data releases on Monday.
—Houx Ellyatt