“European stocks” height declined after 4 days
4 days after the trade agreements between the United States, the United Kingdom and China, “European stocks” fell on Wednesday. The profits of companies in the region are the center of investors.
The European “Stoxx 600” index declined by 0.2 percent by 8:23 AM (GMT), which led to the end of the 4 -day climbing series, which increased by 2.2 percent.
The profits began last Thursday after US President Donald Trump announced a trade agreement with Britain last Thursday and continued in the last two sessions after the Beijing and Washington signed a temporary comment on a temporary comment on many customs duties in April last April.
“Trade news is still a difference,” said Fiona Sinocota, the major market analyst of the city index. We have seen a very strong renewal and positive news about the trade negotiations between the United States and China. ”
“We are going calm now. Investors are waiting for the next catalyst,” she said.
When Trump levied a comprehensive fee on his commercial partners, the “Stoxx 600” index exceeded its level in early April; This has led to the Global Sale Wave. However, some trade agreements that have ended since then led to optimism.
After the trade agreement between the United States and China, “Goldman Sachs” has increased from 520 points to 520 points for the “Stoxx 600” index in the next 12 months.
Shares of the European technology sector fell 0.7 percent, while individual and home commodity index fell 0.9 percent; This has greatly influenced the main indicator.
Among the declining stocks, “Empire Brands” was 5.8 per cent after the cigarette industry announced his retirement of its CEO Stephen Boomhard.
The arrow of “toy” has also been reduced to the largest travel companies in Europe, after the company suggested that the company would decrease a percentage with summer reservations. After declaring less than quarterly gains, the German company “Brentag” shares fell 4 percent to distribute chemicals.
Meanwhile, to reflect the effectiveness of American customs duties, the Swiss -American -American “Alkan” group’s shares declined by 7.2 percent after adjusting his expectations for 2025, with the first quarter results, in addition to the first quarter results.
On the positive side, the arrow of “Burberry” recorded a 9 percent jump, the luxury brand was the highest in the “Stoxx 600” index after announcing plans to lower the profit expectations of the entire year, exceeding the total year’s gains.
After the first -quarter profit expectations, the “FL Smith” shares also increased by 9 percent, and the company announced that it would be in talks with “Pacific Avenue Capital Partners” to get out of cement work.
