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  • It's been a year many would rather forget, with almost two million people dead on the world economy in its worst recession in decades.

  • But many markets rode waves of stimulus from a number of central banks toe award investors some of the best returns ever on the last day of the year.

  • It was something of a mixed picture, though.

  • Asian shares edged upset to end 2020 at record highs, with investors pinning hopes on a global economic recovery.

  • MSC is gauge of Asia Pacific shares excluding Japan, rose around not 0.18% on Thursday, heading towards its latest closing peak.

  • The index is set for its fourth quarter gain of over 19%.

  • But it was a different picture in Europe.

  • Shares fell as lockdowns overshadowed optimism around the rollout of vaccines.

  • Trading volumes within, with some major European markets closed for the new Year, where markets were open, they failed to follow their Asian peers higher.

  • The U.

  • K's Footsie 100 fell around 1.7%.

  • It's on course for its worst year since the 2000 and eight financial crisis on has suffered a fresh blow, a za millions more people have been put under the tightest restrictions to counter a new virus variant.

  • The pan European stock 600 which was closed on Thursday, recorded a 3.8% drop in 2020 as the pandemic and worries about Brexit curbed improving sentiment.

  • Germany's DAX, though, ended the year with a 3.5% gain.

  • It was helped by strong demand for technology stocks on better growth prospects, with major trading partner China one of 20 twenties major winners.

  • Bitcoin was at just under $29,000 on Thursday.

  • The world's largest crypto currency has almost quadrupled in value this year amid heightened interest from bigger investors.

It's been a year many would rather forget, with almost two million people dead on the world economy in its worst recession in decades.

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B1 european thursday major asian gain trading

European shares end 2020 in a slump

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    林宜悉 posted on 2021/01/02
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