403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
European Stock Markets End on Mixed Note
(MENAFN) European stock markets wrapped up Wednesday on a mixed trajectory, influenced by geopolitical concerns stemming from the US-European disagreement over Greenland.
The broad-based Stoxx Europe 600 benchmark edged up 0.1%, gaining 0.61 points to settle at 621.58 by the middle of the week.
Similarly, Britain’s FTSE 100 advanced 1.14%, finishing the session at 10,472.11.
Conversely, Germany’s DAX 40 slipped 0.53%, closing at 24,856.15 points, while Italy’s FTSE MIB 30 retreated 0.62% to 46,510.83.
France’s CAC 40 decreased 0.18% to 8,313.24, and Spain’s IBEX 35 lost 0.43%, ending the day at 17,439.5 points.
EU Commission President Ursula von der Leyen, addressing the European Industry Summit in Antwerp, emphasized that public procurement holds substantial financial leverage and noted that the commission plans to introduce EU content and low-carbon criteria in key sectors to bolster European enterprises.
In addition, the European Parliament sanctioned a €90 billion ($106.9 billion) loan package for Ukraine to cover its funding requirements for 2026 and 2027.
Meanwhile, the euro/dollar exchange rate stood at 1.1887, marking a 0.07% decline as of 1750GMT.
The broad-based Stoxx Europe 600 benchmark edged up 0.1%, gaining 0.61 points to settle at 621.58 by the middle of the week.
Similarly, Britain’s FTSE 100 advanced 1.14%, finishing the session at 10,472.11.
Conversely, Germany’s DAX 40 slipped 0.53%, closing at 24,856.15 points, while Italy’s FTSE MIB 30 retreated 0.62% to 46,510.83.
France’s CAC 40 decreased 0.18% to 8,313.24, and Spain’s IBEX 35 lost 0.43%, ending the day at 17,439.5 points.
EU Commission President Ursula von der Leyen, addressing the European Industry Summit in Antwerp, emphasized that public procurement holds substantial financial leverage and noted that the commission plans to introduce EU content and low-carbon criteria in key sectors to bolster European enterprises.
In addition, the European Parliament sanctioned a €90 billion ($106.9 billion) loan package for Ukraine to cover its funding requirements for 2026 and 2027.
Meanwhile, the euro/dollar exchange rate stood at 1.1887, marking a 0.07% decline as of 1750GMT.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment