Daily Report 29.12.2020
Објавено: 29. 12. 2020

Dow jumps 200 points to record as traders cheer stimulus bill signing; European markets close sharply higher; BELEX15 up 0.19% 
Stocks jumped to record highs on Monday to start the final trading week of 2020 after President Donald Trump signed an economic relief bill. The Dow Jones Industrial Average traded 211 points higher, or 0.7%. The S&P 500 climbed 0.8%, and the Nasdaq Composite also rose 0.8%.Trump signed a $900 billion Covid-19 relief bill into law, averting a government shutdown and extending unemployment benefits to millions of Americans. The signing came days after Trump suggested he would veto the legislation, demanding $2,000 direct payments to Americans, instead of $600. The House is expected to vote on a $2,000 direct payment. 


European markets rallied strongly at the start of the last trading week of 2020, as traders reacted to Brexit developments and President Donald Trump signing a $900 billion Covid-19 relief bill into law. 
In individual stocks news, Italy’s Saipem saw its shares rise 4% after signing a deal with the Italian navy. Germany’s Deutsche Post closed up 2.7% after its CEO said the firm was expecting record profit for 2020. 


BELEX15 added only symbolic 0.19% as NIS and Metalac added 1.75% and 1.4%, respectively. The most active name was Komercijana with RSD 6m in volume. The stock was down 1.3%. 
Source: CNBC, Ilirika