Home Stock Market European stocks fluctuated at record highs, with BP leading the gains

European stocks fluctuated at record highs, with BP leading the gains


European stocks fluctuated at record levels on Wednesday, with gains in energy companies such as BP and Royal Dutch Shell, which released a trading update.

Stoxx Europe 600 index
SXXP,
-0.07%

Slightly lower at 435, after rising 0.7% on Tuesday, bringing it to a record close of 435.26.

DAX of Germany
DAX,
-0.02%

sideways at 15,210.93, sticking to its own record record of 15212.68, up 0.7%. CAC of France
PX1,
+ 0.13%

increase 0.2% and index FTSE 100
UKX,
+ 0.78%

stood out with a 0.7% increase.

US stock futures
ES00,
-0.01%

YM00,
+ 0.02%

NQ00,
-0.03%

unchanged as investors wait for minutes of the most recent Federal Open Market Commission meeting. On Tuesday, the S&P 500
SPX,
-0.10%

completed 0.1% lower after setting an intraday high, while the Dow Jones industrial average
DJIA,
-0.29%

closed down 0.3 percent and the Nasdaq Composite
COMP,
-0.05%

modestly weaker completion.

Data from Europe shows the IHS Markit eurozone’s composite purchasing managers index corrected to 53.2 from a quick estimate of 52.5.

The survey found that economies “had weathered the recent impasse much better than they did.”
many have expected, thanks to the rebounding production growth and social indicators
Chris Williamson, chief business economist at IHS Markit, said in a press release.

Shares of Electricité de France
EDF,
+ 10.73%

takes the lead with the following 10% gain Reuters reported that the French government will spend about € 10 billion ($ 11.87 billion) to acquire minority shareholders in an effort to restructure utilities.

Shares of Royal Dutch Shell
RDSA,
+ 0.38%

RDS.A,
+ 0.13%

increase by 0.5%. An energy giant warning that a fierce winter storm that hit Texas in February would hurt adjusted earnings in its first quarter of $ 200 million in a transaction update.

Shell said adjusted earnings for its upstream unit, which specializes in oil exploration and production, is expected to be positive for the first quarter, “capturing growth from a commodity price environment. current chemistry. ” But analysts at RBC Capital Markets say the first quarter outlook is disappointing.

Shares of rival BP
BP,
+ 2.23%

BP,
+ 3.46%

up by more than 2%, continuing to rise from Tuesday after saying it would hit the net debt target almost a year earlier than expected. Those in total
FP,
+ 0.46%

ANY,
-0.02%

1% increase.

Shares of Ryanair Holdings
RYA,
+ 1.04%

2% decline, after the airline cut its price expectations for fiscal 2021 losses, but also Traffic forecast lowering for fiscal year 2022partly due to the slow deployment of COVID-19 vaccination in Europe.

Societe Generale
GLE,
+ 0.95%

say it does spoke to French property manager Amundi to sell asset management operations run by the Lyxor unit for € 825 million (USD 979.6 million). Shares of French banks rose 2%.

The banking industry as a whole led the Stoxx 600 gains, with shares of BNP Paribas
BNP,
+ 0.33%

and Banco Santander
SAN,
+ 0.29%

SAN,
+ 0.67%

1% increase each.

Shares of Shop Apotheke Europe
SAE,
+ 0.16%

1% increase, after the Dutch group of online pharmacies Sales in the first quarter increased when the number of active customers increased sharply over the same period last year.

Share of Carnival
CCL,
+ 4.19%

DICK,
+ 1.73%

4% increase, after Center for Disease Control and Prevention spokeswoman Jade Fulce, told Bloomberg on Tuesday that tours may resume mid-summer on a limited basis. It was after the Carnival of the United States threatens to send their ships to non-US ports.

Deliveroo
ROO,
+ 2.46%

stocks rose 3 percent, as unrestricted trading started with investors skipping the food delivery company The initial public offering was bleak at the end of March. Shares of rival Just Eat Takeaway
TKWY,
+ 4.25%

increased by nearly 5%.

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