European Market Outlook - 3 June 2021

Investors digested the latest batch of economic data and Technip's stock soared more than 7.5 percent in the French market. looked ahead to future releases, particularly the critical Total climbed more than 2%, while Air -KLM gained over 3.5 employment data from the , as European percent. Airbus Group, Renault, Michelin, Essilor, Faurecia, Orange, markets finished moderately higher on Wednesday, after and Safran all had strong results towards the end of the being rather sluggish for much of the day's session. In year. Vivendi, WorldLine, Teleperformance, Capgemini, Saint Gobain, and Credit Agricole all struggled in the fourth quarter. In news from the U.K., a report from Bank of showed , , and Volkswagen gained 2 to 3%. mortgage approvals increased more than expected in April, BMW, , Continental and also ended notably rising moderately to 86,921 in the month from 83,402 in higher. , Merck, Thyssenkrupp, , RWE March. The expected level was 84,980. and closed weak.

The Stoxx 600 index in Europe rose 0.28 percent. The In economic news, data from Destatis showed Germany's FTSE 100 in the increased by 0.39 retail sales declined more than expected in April, falling by percent, the CAC 40 in France increased by 0.23 percent, 5.5% on a monthly basis, reversing March's 7.7% increase. the DAX in Germany increased by 0.49 percent, and the Economists had forecast sales to drop 2% in April. On a SMI in Switzerland increased by 0.31 percent. yearly basis, growth in retail sales slowed to 4.4% from Group, Rolls-Royce Holdings, , British 11.6% in March. Land Company, and BP all rose 2 to 3.5 percent in the UK market.

Coca-Cola,Land Securities, , , Eurozone producer price inflation accelerated sharply in Imperial , IAG, Prudential, and HSBC Holdings all April driven by higher energy prices, data from Eurostat saw significant advances. Weak finishes were recorded by showed. Producer price inflation rose to 7.6% in April from Kingfisher, , , Weir 4.3% in March. This was also bigger than economists' Group, , B&M, Takeaway, and forecast of 7.3%. Pearson.

Top Gainers Top Losers

Company Last Price Change% Company Last Price Change%

TechnipFMC €9.89 +10.26% Wienerberger AG €15.100 -52.75%

Interpump €49.900 +6.31% Morphosys AG €62.960 -12.43%

CD PROJEKT €161.59 +5.33% Orsted €872.80 -12.43%

Nokia Oyj €4.440 +4.41% Vestas Wind €226.1 -5.16%

Hammerson €40.95 +4.04%

European Market Outlook - 3 June 2021

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