European stocks reversed earlier falls to close higher on Wednesday as surging commodity prices lifted energy and mining shares on fear of supply constraints due to crippling sanctions against Russia over its invasion of Ukraine.was one of the main movers in Dublin on Wednesday after the carrier’s chief executive, Michael O’Leary, said the company was “comfortably hedged” as oil prices surge on the Russian invasion of Ukraine. Shares in the airline jumped 2.3 per cent to €14.38 on the news.
The Ftse 100 ended higher on Wednesday as shares of oil and industrial mining giants received a boost from soaring commodity prices in the wake of the intensifying Russia-Ukraine crisis.
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European stocks cut losses after ceasefire talksEuropean stocks cut almost all session losses today as Russia and Ukraine held ceasefire talks, while euro zone banks slumped as they braced for impacts from tough new sanctions on Russia.
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