European Market Outlook
Market Outlook - 13 July 2021 European stocks shut higher on Monday, lifting a Both B&M and Natwest Group closed the day with a 2.2 considerable lot of the area's benchmarks to new record percent gain. Experian, Land Securities, Sage Group, highs, as financial backers bet on trusts top U.S. banks will Segro, AstraZeneca, Ashtead Group, and United Utilities report a solid second-quarter profit. all increased by 1 to 2%. The Stoxx 600 index in Europe rose 0.69 percent. The Sanofi, WorldLine, Dassault Systemes, Teleperformance, DAX in Germany increased by 0.65%, the CAC 40 in Essilor, Orange, Veolia, LOreal, STMicroelectronics, and France up by 0.46 percent, and the FTSE 100 in the Air Liquide all increased by 1 to 1.6 percent in the French United Kingdom increased by 0.05 percent. The SMI in market. Switzerland increased by 0.77 percent. Among other markets in Europe, Belgium, Czech Republic, On July 19th, British Prime Minister Boris Johnson is Denmark, Finland, Netherlands, Norway, Poland, Portgual, anticipated to endorse the proposal to abolish practically Russia, Spain and Sweden finished higher. all covid-19 limitations, however, he has cautioned the public. Meanwhile, there are concerns that as the virus Ireland and Turkey concluded the day on a low note, while spreads across Europe, many governments will impose Austria, Greece, and Iceland were all flat. new limitations. Admiral Group shares rose about 4% in the UK market According to Destatis data, wholesale prices in Germany after the business stated it expects a higher-than-expected climbed by 10.7% year on year in June, the fastest rate Group profit before tax from continuing operations in the since 1981.
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