Europe: German data, earnings nudge stocks near 4-year highs; Madrid lags

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

[BENGALURU] European shares climbed back to a four-year high on Tuesday as positive German investor sentiment data and a slew of upbeat earnings lifted the mood, but Spanish stocks lagged after socialist and far-left parties joined forces to form a coalition. Read more at The Business Times.

The gains were led by telecoms stocks, which gained 1.4 per cent boosted by the world's second largest mobile operator Vodafone after it increased its full-year earnings guidance.

Among trade-sensitive chipmakers, Dialog Semiconductor took the spotlight, jumping 7 per cent after it lifted its gross and operating margin forecasts. Among losers, Barry Callebaut's 6 per cent slide stood out, after investment firm Jacobs Holding said it was selling a 2.85 per cent stake in the company.Spanish stocks underperformed the broader market to slip 0.9 per cent after the Socialists and far-left Unidas Podemos reached a preliminary coalition deal to form a government following a weekend general election that delivered a highly fragmented parliament.

Nuria Alvarez, analyst at Madrid-based brokerage Renta 4, said scepticism remains over whether the preliminary agreement would amount to a working government.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 15. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Burger King eyes big bite of Europe market with 'veggie Whopper'US fast-food giant Burger King on Tuesday launched its meatless burger in Europe, hoping to capture a substantial slice of a growing market. The vegetarian version of its prime 'Whopper' hamburger is being added to the menu in 25 countries and 2,500 restaurants after testing in the United
Herkunft: YahooSG - 🏆 3. / 71 Weiterlesen »