The actions european rose this Thursday (2), led by companies in the industrial and luxury, but gains were limited by lingering concerns about slowing economic growth and rising prices.
The pan-European STOXX 600 index closed up 0.57% at 441.23 points after losing nearly 2% in the last two sessions.
Trading volumes have moderated as London markets are closed for the platinum jubilee gives queen elizabeth II .
French liquor group Remy Cointreau rose 4.9% after beating full-year profit estimates and providing an upbeat outlook for this year and beyond.
Other luxury stocks followed suit. LVMH, L’Oreal and EssilorLuxottica gained between 1.7% and 3.1%, providing the biggest boosts to the overall index.
the actions of Petroleum , in turn, fell, even as commodity prices erased previous losses after OPEC+ agreed to increase oil production to offset a drop in Russian production. Shell’s Amsterdam and Equinor listings dropped 0.5% and 1.9%, respectively.
In London, the Financial Times index had no operations. In Frankfurt, the DAX index rose 1.01% to 14,485.17 points.
The CAC-40 index, from Paris, gained 1.27%, at 6,500.44 points, while the Ftse/Mib, from Milan, appreciated by 0.59%, at 24,426.50 points.
In Madrid, the Ibex-35 index fell by 0.04%, to 8,744.10 points, and in Lisbon, the PSI20 index fell by 0.67%, to 6,189.66 points.
Source: CNN Brasil
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