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Asian, European markets trading higher

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Indian stock markets are closed today, 6 April 2020 on account of Mahavir Jayanti.

Asian markets are trading higher today as some of the world's worst-hit countries reported falling death rates, providing some much-needed hope in the battle against the coronavirus.

European stocks were trading higher in early trade on tentative signs the spread of coronavirus is slowing.

Investor sentiment received a boost amid optimism that the number of coronavirus cases in New York, a U.S. hotspot for the pandemic, may be peaking, after U.S. President Donald Trump expressed hope the country was seeing a 'levelling off' of the coronavirus crisis. Major European nations reported lower coronavirus-related fatality toll in France and Italy, with Italy seeing the number of patients in intensive care falling for the second consecutive day. However, a rise in cases and deaths in Singapore, Indonesia and the Philippines kept gains under check.

 

Globally, as of now more than 1.27 million have been infected while over 69,000 lives have been taken by Coronavirus.

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First Published: Apr 06 2020 | 2:15 PM IST

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