Market Outlook - 18 June 2021

On Thursday, European markets were mainly weaker as Eurostat's final figure on consumer price inflation in the investors reacted to the Federal Reserve's hawkish Eurozone for May came in at 2.0 percent on an annual announcement and the latest Eurozone inflation data for basis, as expected. Inflation in the eurozone's 19 member May. countries increased by 0.3 percent month over month.

The Stoxx 600 index in Europe finished 0.12% down. The The bank reiterated its willingness to act in the foreign FTSE 100 in the United Kingdom fell 0.44 percent, while exchange market if necessary, taking into account the the DAX in Germany and the CAC 40 in France advanced overall currency situation. 0.11 percent and 0.2 percent, respectively. The SMI in Switzerland increased by 0.24 percent. Travel stocks are rising in response to news that the United Kingdom may enable persons who have been Eurozone construction output fell 2.2 percent month on double-vaccinated against Covid-19 to take a foreign month in April after growing 4.1 percent the month before. vacation with minimal red tape.

Whitbread, IAG, Pershing Square Holdings, Rolls-Royce Automakers have also risen after industry statistics Holdings, Avast, Associated British Foods, and Scottish revealed a strong increase in passenger car registrations Mortgage all climbed 1.3 to 2 percent in the UK market. in Europe in May.

Accor, Kering, STMicroElectronics, BNP Paribas, Societe Due to the low base of comparison, passenger car sales Generale, and Thales all climbed 1 to 1.6 percent on the increased 53.4 percent year on year in May after French market. increasing 218.6 percent in April, according to the European Automobile Manufacturers' Association. MTU Aero Engines' stock increased by more than 4% in Germany. Thyssenkrupp, RWE, HeidelbergCement, and The Swiss National Bank has chosen to keep its E.ON all concluded the day with notable gains, while expansionary monetary policy in place in order to maintain Merck and Allianz ended the day with notable losses. price stability and aid the recovery of the economy.

Top Gainers Top Losers

Company Last Price Change% Company Last Price Change%

Trainline PLC 285.00p 5.09% Centamin PLC 106.00p -5.86%

Etablissementen Franz € 47.84 4.34% Colruyt N.V. Entra ASA kr 199.30 -5.10%

MTU Aero Engines AG € 223.00 3.34% Halma PLC 2,722.00p -4.52%

Ryanair Holdings PLC € 16.80 3.23% Metso Outotec Oyj € 9.54 -3.87%

Wm. Morrison TechnipFMC PLC € 7.86 -3.77% Supermarkets PLC 181.70p 2.89% Market Outlook - 18 June 2021

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