European shares recovered on Wednesday to 24 hours of the attacks the day before at the airport and a subway station in Brussels, boosted recorded by progress in the actions of Credit Suisse after announcing more cost cuts.
Today, investors are now focused on macroeconomic fundamentals and now signs of sustainability in the economy United States and China’s economy.
So, the pan-European index FTSEurofirst 300 rose 0.4 percent, while the index following the 50 most important companies in the eurozone, the Euro Stoxx 50 gained 0.6 percent.
in the stock balance, Credit Suiss and supported the markets to pick up their shares 3.2 percent after announcing a further cut of costs of 800 million Swiss francs ($ 821 million) francs and a plan to further reduce its investment bank.
on the other hand, the technology group Hexagon ta lso rose after Morgan Stanley raised its rating to “overweight” from “neutral”, however, the William Hill group fell 13 percent to warn you get fewer benefits.
shares of companies dedicated to tourism and travel, which on Tuesday suffered a blow, began to recover at the beginning of the day on Wednesday, including airlines and hotel chains.
in another sector, shares in the automotive sector rose for a second day, with Daimler AG and Volkswagen AG leading the gains supported by the weak euro which benefits exports.
Meanwhile, titles BASF and Bayer stood out among firms in the chemical sector with the best results in the industry
then the price of top European shares.
index Bag noon Points Percentage
London FTSE-100 6202.64 +9.90 +0.16%
Paris CAC-40 4452.46 +20.49 +0.46%
Frankfurt DAX 10,051.95 +61.95 + 0.62%
Zurich SMI 7908.26 +55.19 +0.70%
Madrid Ibex-35 9029.20 +37.20 +0.41%
Milan MIB Index 18,785.85 +87.03 + 0.47%
Lisbon PSI-20 5213.08 +19.70 +0.38%
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