Shares edged up after the ECB announced a bigger than expected 0.5 per cent increase in interest rates. Photograph: Alex Kraus/BloombergShares edged up after the ECB announced a bigger than expected 0.5 per cent increase in interest rates.emerged as one of the day’s winners following the European Central Bank move on interest rates. The heavily mortgage-focused lender surged 7.5 per cent to €1.29.was almost static, dipping 0.18 per cent to €2.176.
Dealers said chief executive Andrew Livingston’s comments that momentum for the “all-important” second half of its financial year helped to stoke investors’ enthusiasm for the stock.fell 2.8 per cent to 753.2p after revealing a sales slump as customers cut the size of their orders in response to the rising cost of living and the end of Covid curbs.
Air France retreated 1.72 per cent as investors feared that industrial unrest could add to air travel’s other difficulties.