Stocks in Europe and Asia close higher, U.S. markets closed for Thanksgiving

Lola Evans
25 Nov 2022, 04:13 GMT+10

Stocks in Europe and Asia generally rose on Thursday while Wall Street was closed for Thanksgiving.
The U.S. dollar remained under pressure as investors weighed into the Sterling, euros, yen, and commodity currencies.
In Europe, the best-performing stock was LEG Immobilien German property company.

LONDON, UK - Stocks in Europe and Asia generally rose on Thursday while Wall Street was closed for Thanksgiving.

The U.S. dollar remained under pressure as investors weighed into the Sterling, euros, yen, and commodity currencies.

In Europe, according to CNBC, the best-performing stock was LEG Immobilien German property company, which rose 6.7 percent after Morgan Stanley upgraded it to "overweight."

The German Dax climbed 111.97 points or 0.78 percent to close Thursday at 14,539.56.

In Paris, France, the CAC 40 advanced 28.23 points or 0.42 percent to 6,707.32.

London's FTSE 100 inched up 1.36 points or 0.02 percent to 7,466.60.

In Japan, the Nikkei 225 advanced 267.35 points or 0.95 percent to 28,383.09.

The Australian All Ordinaries increased 9.80 points or 0.13 percent to 7,432.20.

South Korea's Kospi Composite added 21.83 points or 0.95 percent to 28,383.09.

In New Zealand, the S&P/NZX 50 was flat, edging down 2.09 points or 0.02 percent to 11,321.71.

The Hang Seng in Hong Kong rose 137.09 points or 0.78 percent to 17,660.90.

China's Shanghai Composite was off 7.60 points or 0.25 percent to 3,089.31.

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