European stock market opened with growth
2022.12.27 03:31
European stock market opened with growth
Budrigannews.com – The first day of trading in the shortened final week of the year saw higher opening prices on European markets. The was up 0.8%, the was up 1.05 percent, and the was up 0.94 percent at 03:10 ET (08:10 GMT).
China’s announcement that quarantine requirements for travelers entering the country will be lifted on January 8 made headlines around the world. The focus on China’s reopening may serve as an excuse to push markets higher. The Asian markets ended the day higher, rising 0.16 percent and ending up 1 percent.
At 03:15 ET (08:15 GMT), the was also up.1%, while the fell.2%, suggesting a possible risk-on-Santa rally to end the year.
Today’s economic calendar is sparse, with highlights including the and, fitting the holiday schedule.
LVMH Moet Hennessy Louis Vuitton SE (EPA:) was one of the top Euro Stoxx 50 movers. +2%), Airbus Gathering SE (EPA:) ( TotalEnergies SE ADR (NYSE:) (+1.7%) Eni SpA (ETR:) (+1.5%), +1.4%), as well as BASF () (+1.3%). Grifols SA (BME:) was the only major European stock that fell. being the most notable loser, dropping 2 percent.
More Telsa shares continue to fall in price-forecasts disappointing
In commodity markets, traded down.1 percent and fell.15 percent. trading.65 percent higher, the stock continued its strong year-end momentum.
