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European Shares Rise
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.
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