European Market Outlook - 13 August 2021

On Thursday, European stocks surged to a new high, as The SMI in Switzerland increased by 0.33 percent. robust profits from insurers and M&A activity in the UK helped to balance a fall in mining stocks. The stock of Delivery Hero has dropped by more than 7%. Following a great performance in the second quarter, the The pan-European STOXX 600 index rose 0.1 percent, online meal ordering company upped its gross extending its winning streak to a ninth day. merchandise value outlook for the whole year.

The Stoxx 600 index in Europe rose 0.11 percent. The According to Eurostat data released in June, Eurozone DAX in Germany rose 0.7 percent, and the CAC 40 in industrial production fell at a slower pace than in May. France up 0.36 percent, while the FTSE 100 in the United Kingdom fell 0.37 percent. In June, industrial production growth slowed to 9.7%.

Austria, Belgium, Czech Republic, Denmark, Iceland, In the second quarter, gross domestic product increased Norway, Poland, Portugal, Russia, and Sweden, among 4.8 percent sequentially, reversing a 1.6 percent decline in other European markets, closed higher. the first quarter.

Belgium, Denmark, and Spain all gained ground. Finland The visible trade gap rose to GBP 11.98 billion in June and the Netherlands concluded the day unchanged, but from GBP 9.6 billion in May, according to another ONS Greece and Ireland were weak. report.

Faurecia gained 3.7 percent in the French market. Accor Construction output fell 1.3 percent in June, marking the increased by roughly 2.5 percent, while LOreal and Valeo third consecutive month of decline. increased by 1.5 and 1.1 percent, respectively. Total 60008184 Coronavirus (COVID-19) cases have been gained 3.5 percent in the UK market. , confirmed in people across Europe. Hargreaves Lansdown, B&M, , and all saw their stock prices rise by 1 to 2.3 percent.

Top Gainers Top Losers

Company Last Price Change% Company Last Price Change%

Deliveroo PLC £371.40 8.91% Delivery Hero SE €116.40 -7.58%

Aegon N.V. €4.19 7.32% Oersted A/S kr.937.00 -4.23%

Vestas Wind Systems Evotec SE €40.44 4.39% kr.233.00 -3.72% A/S

Dino Polska S.A. zł322.00 4.01% GN Store Nord A/S kr.528.80 -3.71%

Zurich Insurance Group AG CHF404.90 3.82% Demant A/S kr.350.20 -3.69% European Market Outlook - 13 August 2021

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