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Global Shares Rise on Easing Ukraine Tensions, Cheaper Oil

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Tokyo, 16 Feb (ONA) — Global shares rose today, buoyed by hopes that a diplomatic solution might avert a Russian invasion of Ukraine.

 

France’s CAC 40 edged up 0.7% in early trading to 7,030.39. Germany’s DAX rose 0.8% to 15,540.97. Britain’s FTSE 100 gained nearly 0.2% to 7,621.99. The future for the Dow industrials was 0.3% higher at 34,996.00. The S&P 500 future rose 0.3% to 4,475.75.

 

In Asia, Japan’s benchmark Nikkei 225 jumped 2.2% to finish at 27,460.40. Australia’s S&P/ASX 200 rose 1.1% to 7,284.90. South Korea’s Kospi surged 2.0% to 2,729.68. Hong Kong’s Hang Seng added 1.5% to 24,718.90, while the Shanghai Composite gained 0.6% to 3,465.83.

— Ends/KH

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