European stocks almost recover losses made since Russia invaded Ukraine

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European stocks gain to nearly recover losses since Russia invaded Ukraine via IrishTimesBiz

Thyssenkrupp

fell 9.4 per cent, after suspending its 2021-2022 forecast for free cash flow before mergers and acquisitions due to the Ukraine crisis, and said it was unclear if it would still be able to spin off its steel division.rose 2.8 per cent after estimating net income would grow by more than a fifth this year.

Meanwhile, Western officials said Ukraine and Russia are taking peace talks seriously but a very big gap remains between the two sides, adding Russian president“There is mass confusion right now, which is leading to the increased volatility in a choppy market,” said

 

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