European Stock Markets Open on a Cautious Note
5 Articles
5 Articles
The main European stock markets have risen slightly since this morning but with caution following the renewal of hostilities between the United States of America (USA) and Iran this week, the British agency Reuters reported on its website.
Financial markets continued to show marked regional divergence in June. While eurozone stocks rose 2.64 percent and economic data increasingly signaled stabilization, the US stock market fell 0.99 percent. This was mainly due to weakness in the technology sector. Emerging market markets were mixed, with investors weighing both inflation risks and growth in export sectors.
Around 07:05 GMT, in early trading, Paris (+0.06%) and Frankfurt (-0.07%) were close to breakeven. Milan was up 0.31% and London 0.24%.
The European Stock Exchanges have opened this Friday's session with mixed sign after the increases recorded yesterday, except London which is the only one that fell, pending the evolution of the conflict between the US and Iran and the debut of the South Korean SK Hynix in the Nasdaq of New York, and with the price of the Brent barrel stable above 76 dollars. At the opening of the market, the Stock Exchange that rises the most is that of London,…
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