Europe shares are ascended amid a wave of profits and evaluation of the trade agreement with America Arabausa

On Tuesday, European stocks, supported by the gains of the “Isilor Luxiotika” group, ascended, in the midst of corporate gains, while investors assess the repercussions of a trade agreement signed this week between the United States and the European Union.

By 07:15 GMT, the European “Stoxx 600” index rose 0.3 percent. The indicators of most of the region’s markets rose, and the German “DAX” and the French “Kak” increased 0.5 percent.

As for individual stocks, the French -Italian -Italian Esilor Luxiotika group jumped 5.4 percent after the company announced the increase in operational profits for the first half of the year despite the negative impact of customs duties.

The share of the Dutch company, “Philips”, rose 9 percent, topping the summit of the index after the health care company reduced its expectations for the repercussions of customs duties after the trade agreement between the United States and the European Union.

On the negative side, the “Inch Cap” shares for the distribution of cars fell 6.3 percent, and the biggest loser on the index was after the company recorded a decrease in the profits of the first half due to the impact of customs duties.

author avatar
gplvipcom@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button