Europe’s Stoxx 600 rallies on tech, banks strength as oil prices retreat
9 Articles
9 Articles
Global Market: European shares edge higher as lower oil prices lift sentiment
European shares rose on Wednesday as falling oil prices boosted sentiment, while investors awaited eurozone PMI data for clues on economic health. Aerospace and defence stocks led gains. KWS fell after weaker-than-expected annual sales, while Adyen slipped following its CFO appointment. European energy stocks gained despite lower crude prices.
European markets are moving slightly higher at the opening of Wednesday, September 23, with investment interest turning to new data on business activity in the Eurozone, while the decline in oil prices provides support to the climate. In this context, the pan-European STOXX 600 index is strengthening by 0.29% to 644.64 points. As for the main European indices, in Frankfurt, the DAX is recording an increase of 0.03% to 25,613.87 points, while the…
Lower oil prices are supporting the climate.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
