European shares rose on Friday, supported by strong earnings results and rising mining and technology shares, boosting risk appetite at the end of a volatile month dominated by fears of slowing global growth. By 0711 GMT, the pan-European Stoxx 600 index rose 0.8 percent, trimming its monthly losses to 1.1 …
Read More »European shares fall due to focus on Russian gas supplies and mixed results for companies
European shares fell in choppy trading on Wednesday as markets received mixed results and as tensions escalated in the energy sector after Russian energy giant Gazprom halted gas supplies to Bulgaria and Poland. The pan-European Stoxx 600 index fell 0.4 percent and appeared to be on its way to a …
Read More »European shares rise on earnings support
European shares breathed a sigh of relief on Tuesday as earnings from companies such as UBS and Maersk boosted sentiment after a sell-off in shares in the previous session, driven by concerns about global growth. The pan-European Stoxx 600 index rose 0.6 percent, after falling nearly 2 percent on Monday, …
Read More »European shares fall to the lowest level in a month
European shares fell more than 1% on Monday as concerns about an economic slowdown in China and rapid increases in US interest rates outweighed relief from French President Emmanuel Macron’s election victory. By 0705 GMT, the European Stoxx 600 index fell by 1.9 percent to its lowest level since mid-March. …
Read More »European shares stabilize in volatile trading
European shares settled on Thursday in volatile trading after a series of positive corporate results, while mining stocks fell more than two percent with Anglo American slumping after it cut production expectations. The pan-European Stoxx 600 index was little changed by 0723 GMT. Mining stocks fell 2.4 percent, leading the …
Read More »European shares rebound on profit boost
European shares rose on Wednesday after positive business results from food and beverage companies, but concerns about the war in Ukraine, slowing growth and rising revenue limited gains. The pan-European Stoxx 600 index rose 0.5 percent, with banking and food and beverage stocks gaining 1.3 percent each. Meanwhile, the mining …
Read More »European stocks fall on the Ukraine crisis
European shares are set to record their worst daily performance in nearly two weeks on Tuesday, as investors jittery over the war in Ukraine, expectations of a US Federal Reserve monetary policy tightening and mixed business results. The pan-European Stoxx 600 index fell 1 percent, after falling 0.9 percent last …
Read More »The mixed results limit the gains of European shares before the ECB
European stock prices stabilized on Thursday after the release of mixed business results for several companies, while investors awaited the decisions of the European Central Bank amid risks to economic growth from rising inflation. The pan-European Stoxx 600 index was little changed by 0722 GMT after the strong closing of …
Read More »European shares fall for a third day, affected by fears of high inflation
European shares fell for the third session in a row on Wednesday, April 13, pressured by fears of rising inflation and its potential impact on the upcoming earnings season, which undermined risk appetite. The pan-European Stoxx6000 index fell 0.2%, retail and technology stocks fell, while the mining sector advanced. And …
Read More »European shares are heading for a weekly gain after a strong start to trading on Friday
European shares jumped 1.2 percent in early trading on Friday, erasing losses this week, as investors awaited the first round of the French presidential election early next week, as the victory of incumbent President Emmanuel Macron is no longer a given. Financial and auto stocks led the gains, while all …
Read More »