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 France-KLM gained over 3.5 employment data from the United States, 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 England showed Germany, Beiersdorf, Lufthansa and Volkswagen gained 2 to 3%. mortgage approvals increased more than expected in April, BMW, Vonovia, Continental and Bayer also ended notably rising moderately to 86,921 in the month from 83,402 in higher. Deutsche Wohnen, Merck, Thyssenkrupp, Covestro, RWE March. The expected level was 84,980. and Infineon Technologies 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 United Kingdom 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.Burberry yearly basis, growth in retail sales slowed to 4.4% from Group, Rolls-Royce Holdings, Royal Dutch Shell, British 11.6% in March. Land Company, and BP all rose 2 to 3.5 percent in the UK market. Coca-Cola,Land Securities, Bunzl, Polymetal International, Eurozone producer price inflation accelerated sharply in Imperial Brands, 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, Melrose Industries, Johnson Matthey, Weir 4.3% in March. This was also bigger than economists' Group, Ocado Group, B&M, Just Eat 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 Disclaimer and General Advice Instructions: This document is provided by Laverne Securities Pty Ltd T/as La Verne Investing the Corporate Authorized Representative No. CAR No. 001269781 of La Verne Capital Pty Ltd AFSL 482937. The Research Analyst who prepared this report/article hereby certifies that the views expressed in this document accurately reflect the analyst’s personal views about the Company and its financial products. The information provided in the Report/Article is provided by Morningstar and FactSet. La Verne Fund is not a fund manager, however, the portfolio and the document is for general advice only, prepared by the Analysts and Research team for our clients. This report/article have Different Assumptions, Views, Analytical Method of the analyst with no guarantee of reliability and accuracy of the content. The Research Analyst has not been, is not, and will not be receiving direct or indirect compensation for expressing the specific recommendations or views in this report/article. La Verne Securities has its own Research methodology, with regards to the rating and is confirmed by the team for long term Strategic rating of the concerned security as an Investment for Portfolios with High Growth High Risk Profile. Individual Stock is Speculative and of High Risk in nature and strongly This Document is provided for the Advisors, their Clients, and Financial Professionals for information only and should not be considered an offer or solicitation of an offer to buy or sell a particular security or financial product or instrument. The information or services provided in this report/article may not be suitable for you and we strongly recommend taking the advice of your Financial Planner or Investment advisors. Laverne Investing will not treat the recipients as its customer by virtue of their receiving the report/article and should seek the advice of their consultant, prior to making any investment decision considering this report/article.