After the start of trading, stock exchange indices describing the price development of shares on European stock exchanges were at a lower level compared to yesterday’s closing readings.
However, the course of the indices began to reverse as trading progressed.
The Euro Stoxx 600, which tracks shares of several European companies, rose 0.1 percent, as did the London FTSE 100.
Frankfurt’s Dax was originally 0.2 per cent frost, but rose close to yesterday’s final reading. The Paris CAC 40 rose 0.3 percent. Madrid’s Ibex 35 was a 0.1 percent plus.
Euro Stoxx 50 was up 0.1 percent. The pressure came from financial companies, while energy companies tried to push the index up.
One of London’s toughest climbers was, for example Royal Dutch Shell, whose B share was up 1.5 percent.
One explanatory factor for the rise in energy companies may be the rise in oil prices, which has remained fairly strong since October.
Later, the course of the indices turned back to a slight decline. Paris’s Cac 40 endured a 0.1 percent rise.
Carrefour is stepping up with the merger talks
French Carrefour was up 8.7 percent. Canadian retail company Couche-Tard Food said it had approached Europe’s largest retail-focused retail chain to discuss the merger.
One tough tightener was a Spanish telecom operator Telefonica, which jumped 7.5 percent. The company agreed to sell its telephone mast in Europe and Latin America to the United States American Towesille At a price of EUR 7.7 billion.
In general, market sentiment is still affected by the interest rate crisis and related constraints. In addition, market gazes are on U.S. politics. The Democrats’ plans to revive the economy are particularly encouraging.
In Asia, stock markets ended up inconsistent. Tokyo’s Topix, for example, ended up rising 0.4 percent and the Nikkei 225 jumped up one percent. CSI 300, which describes the share prices of listed companies in Shanghai and Shenzhen, China, fell 0.3 percent.
Stock market futures posted a slight upswing on Wall Street as early as this morning and the situation did not change after the downturn in Europe.
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