The UK markets are set to open on Tuesday after a long weekend and a positive closing last week, lifted by the hopes of economic recovery.
The blue-chip index FTSE 100 was up by 23 points, reversing the previous day declines, and closed at 6,737 on Thursday. The FTSE 250 gained 213.96 points to 21,732.67. The market remained close on the Good Friday and Easter Monday bank holidays.
Nikkei 225 traded with huge losses and continued to be over 300 points down around 1pm. The Hang Seng index will remain closed on Tuesday. In Australia, the S&P/ASX 200 advanced 0.93 per cent. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.24 per cent higher.
US stocks rallied on Monday with the Dow and S&P 500 closing at record levels. The Dow Jones Industrial Average rose 373 points to 33,527.19. The S&P 500 gained 1.4 per cent to 4,077.91. The tech-heavy Nasdaq Composite also climbed 1.7 per cent to 13,705.59.
The Indian markets opened higher on Tuesday with the Sensex opening…