Things were shaken up in the European stock market yesterday, as shares in this market “ended higher as short covering kicked in ahead of a long Easter weekend,” according to Reuters.
Looking at the European stock market more closely, the pan-European STOXX 600 index rose for a consecutive seventh session, Germany’s DAX closed at a six-month high, while London’s FTSE 100 moved in the opposite direction, with healthcare stocks dragging it down.
Even though equities were shown in a negative light initially, due to financial data from France and Germany showing weaker numbers than expected, investors soon turned their interest to corporate earnings. Both Unilever’s and Shneider Electric’s share prices rose toward the top of the European Benchmark, to around three percent.
To view a detailed outlook of the European stock market, go to https://reut.rs/2Vcah0L.
Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.
© 2000-2021. All rights reserved.
This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at firstname.lastname@example.org.