GLOBAL EQUITY MARKET OF 10th March 2021

Asian Equity market traded higher on Wednesday following a pullback by long-term treasury yields ahead of auctions in the coming days and greater momentum in vaccination drive aided sentiment.

In Asia, the set composites surged 1.45%, Jakarta Composite gained 1.05%, Hang seng rose 0.47%, Taiwan weighted surged 0.37%, SGX Nifty rose 0.27%, Nikkei 225 gained 0.03% while the strait times lost 0.93%, kospi plunged 0.60%, shanghai composites lost 0.05%.

European equity market traded mixed on Wednesday as worries about rising inflation kept investors on edge, with mining and travel stocks leading the retreat.

In Europe, the France’s CAC gained 0.49%,Germany’s DAX surged 0.36% while the U.K’s FTSE 100 plunged 0.12%.