European stock markets are moving in a positive direction on Thursday amid a new corporate earnings barrage as investors continue to watch developments in Ukraine in the wake of Putin’s threats of an immediate Russian response if third countries intervene in the conflict.
Moscow cut off gas supplies to Poland and Bulgaria yesterday, while Russian President Vladimir Putin has warned that any countries attempting to intervene in Ukraine will face a swift response from Russia.
At the same time, investors are turning their attention to the results of giants in the European and global economies such as Sanofi, Banco Sabadell, Barclays, Sainsbury’s, Standard Chartered and Unilever, among others.
On the board, the pan-European Stoxx 600 index gained 0.8% to 447.78 points.
The German DAX is up 0.9% at 13,919.75 points, the French CAC 40 is up 1.1% at 6,509.24 points, while the British FTSE 100 is up 0.5% at 7,461.17 points.
In the periphery, the Italian FTSE MIB gained 0.7%, while the Spanish IBEX 35 gained 0.4%.
Source: Capital
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
