Global markets rise in anticipation of U.S. presidential election results

Global stock markets look pretty good on Wednesday as investors await the outcome of the U.S. presidential election.

101,000 U.S. indices rose 2 percent a day earlier while market participants watch the U.S. presidential election and expect Democratic candidate Joe Biden to win.

However, corporate news has become unfavourable to the market. In this way, it turned out that the shanghai and Hong Kong stock exchanges postponed the record IPO of fintech company Ant Group, a branch of the Chinese internet company Alibaba, scheduled for November 5.

Asian stock markets on Wednesday are rising within 0.6% against the backdrop of vote counting in the U.S. presidential election.The Japanese market is showing the most significant growth since Tuesday, when the rest of the stock markets in the region rose within 2% and trading in Japan was not due over the weekend.European markets on Wednesday also look quite positive, including in corporate news. Shares in French banking group BNP Paribas rose after the release of its financial report. The group’s net profit in the third quarter fell by 2.3% year-on-year, to just €1.89bn with a forecast of €1.57bn. In addition, the revenue ratio was also better than expected.

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