Wednesday, September 25, 2024
13.4 C
London

European shares fall as China package rally fades

European shares fall as China package rally fades

And he went down Stoxx 600 European Index 0.3 percent to 518.06 points by 0712 GMT, after rising nearly 1 percent in the previous session.

And in AsiaI continued Chinese stocks Its rise, driven by the economic stimulus package, for the second day in a row, but other markets were characterized by volatile and mixed trading.

Shares in Germany’s SAP fell 3.5 percent after a report that the software developer is under investigation in the United States over suspicions of price fixing. The stock was the biggest drag on the index, also pulling the technology sub-index down 0.8 percent.

And led the sector Oil Gas and oil prices fell 0.9 percent in the sub-sectors due to concerns that Chinese stimulus plans are not enough to boost demand.

France’s CAC 40 index fell 0.7 percent after rising more than 1 percent in the previous session. Data showed consumer confidence in the country rose in September.

Official data showed that the producer price index in Sweden It rose 0.6 percent in August compared to July, and the market index there was flat.

Shares in Finnish engineering firm Valmet jumped 9.2 percent after it won an order worth more than 1 billion euros in Brazil.



Source link

Hot this week

Putin to speak on nuclear deterrence as Ukraine tensions rise

President Vladimir Putin will chair a meeting of...

Beijing denounces US ban on cars with Chinese technology

The text, announced by the US Department of...

A249 Sheppey Crossing closed after man taken to hospital following crash

A man has been taken to hospital after...

WNBA Playoffs: How to watch the Phoenix Mercury vs. Minnesota Lynx Game 2 tonight

Of the four WNBA playoff games held on Sunday,...

10 awesome gifts for kids under $50

By Amber Dowling The Curator Team Posted September 25, 2024...

Topics

Putin to speak on nuclear deterrence as Ukraine tensions rise

President Vladimir Putin will chair a meeting of...

Beijing denounces US ban on cars with Chinese technology

The text, announced by the US Department of...

10 awesome gifts for kids under $50

By Amber Dowling The Curator Team Posted September 25, 2024...

Dr. Mishock: Sports Related Concussion: Signs, Symptoms, and Recovery

The Centers for Disease Control and Prevention (CDC) estimates...

Upgraded Tax For All website goes live

The upgraded version of the government’s online tax...
spot_img

Related Articles

Popular Categories

spot_imgspot_img