Daily Report 20.11.2020
Објавено: 20. 11. 2020

Stocks rise as Wall Street turns to tech for safety amid increasing Covid-19 cases; European markets close lower as shutdown fears outweigh vaccine news; BELEX15 up 0.42% 
Stocks closed slightly higher on Thursday as traders increased their exposure to major tech names amid a rising number of coronavirus cases. The Dow Jones Industrial Average gained 44.81 points, or 0.2%, to close at 29,483.23. Earlier in the day, the Dow fell more than 200 points. The S&P 500 climbed 0.4% to 3,581.87 and the Nasdaq Composite advanced 0.9% to 11,904.71. It was the first gain for the major averages in three sessions. 


European stocks closed lower Thursday as a rally prompted by positive vaccine news started to peter out amid renewed fears of shutdowns due to rising coronavirus cases. 
The pan-European Stoxx 600 closed down by 0.7% provisionally, with travel and leisure stocks dropping 1.7% to lead losses as almost all sectors and major bourses slid into negative territory. Corporate earnings continued to drive individual share price movement, with Royal Mail climbing more than 3% after a promising earnings report. 


BELEX15 was up 0.42%, led by 1.6% advance at Komercijana Banka. This was also the most active name with RSD 15m in volume, while NIS followed with RSD 5.5m and 0.17% stock price increase. As of yesterday, NIS opened its deep processing facility, officially. 
Source: CNBC, Ilirika