Euro markets ‘closed’ with mixed signs, against the background of the spike in inflation in the USA

Slight losses of 0.20%, at 472.36 points, were recorded by the pan-European Stoxx 600 index on Thursday, with the majority of sectors and major stock exchanges closing the session in “red”.

Shares of the tech industry, often more sensitive to concerns about higher interest rates, fell 1.1%.

The other pan-European index Eurostoxx 50 “lost” 0.17%, to 4,197.07 points. The German DAX recorded a slight increase of 0.05%, to 15,490.44 points, with the French CAC 40 falling 0.41%, to 7,101.55 points and the British FTSE 100 strengthening 0.38%, to 7,672.40 .

Global investors incorporate in their estimates the latest data on inflation in the US, which in January 2022 amounted – on an annual basis – to 7.5%, above analysts’ estimates and the highest levels since 1982.

In corporate results in Europe, Siemens recorded a 52% increase in its orders, surpassing the improvements and forecasts for quarterly profits. Its share recorded gains of about 5%.

Near the top of the Stoxx 600, the British publishing house Informa recorded a jump of 7%, as investors reacted positively to its latest investment update.

Credit Suisse recorded a net loss of 1.57 billion Swiss francs ($ 1.7 billion) a year, well below expectations for a loss of 377.95 million Swiss francs, according to a Refinitiv survey. The bank announced that it recorded forecasts for possible costs due to litigation totaling 1.1 billion Swiss francs in the whole of 2021. The share of the Swiss bank fell by about 7%.

At the bottom of the Stoxx 600, German courier company Delivery Hero sank more than 30% after announcing weak earnings guidance for 2022.