PRESS ROOM
Global equities surge on US elections and vaccine news
Tuesday 10th November '20
Equities are making strong gains month-to-date in November as US election uncertainty looming over markets in October has now dissipated. Risk assets were boosted on Monday 09 November on the announcement of Pfizer and BioNTech Covid-19 vaccine. As of 10 November, the MSCI World Index is up over 9% (in USD), S&P 500 Index is up over 8.5% (in USD), Euro Stoxx 50 Index is up 15.2% (in EUR), and UK’s FTSE 100 Index up almost 11% (in GBP).