European Stock Markets Also Collapsed Under the Weight of Bad News
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5 Articles
OTP opened Thursday's trading with a drop of almost 5 percent, then worked off most of its losses, while a large contract also boosted its turnover. Selling pressure developed on European stock exchanges and the bank share market, and oil prices rose. At the same time, corporate flash reports also brought positive surprises: the revenue of Meta, Nokia and Nestlé all exceeded analyst consensus.
During Thursday's dealings, European equities declined to wipe out almost all of their gains at the previous session, while investors evaluated corporate business results, while higher oil prices led to a further decline in risk appetite. Investors followed up with profit reports to adjust their investment positions in a situation of political uncertainty and protests in France, and the post was a decline in European shares as corporate business…
Stock prices are under pressure.
European stock markets are trading lower on Thursday as investors evaluate a large volume of corporate results.
As of 10:40 AM, the Stoxx Europe 600 benchmark index in European markets was trading down 0.91% at 638.6 points, while the FTSE 100 index in the UK was down 0.69% at 10,680 points. In Germany, the DAX 40 index was down from its previous level...
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