The index roseStokes 600“The European Union rose 0.06 percent by 08:58 GMT, with investors buying shares in utilities, healthcare and real estate, which are sectors considered safer in times of uncertainty.
The benchmark index touched its lowest level in two weeks in the previous session, after losses in the mining and luxury goods sectors, due to the lack of new stimulus measures from… Beijing.
Attention will turn to a press conference scheduled to be held by the Chinese Ministry of Finance on Saturday, to obtain new details regarding financial stimulus measures.
Other big catalysts this week include US inflation data expected on Thursday, and the start of earnings season in the US.
“stock decline”Rio Tinto“UK-listed 0.7 percent, after the mining company said it would acquire a company.”Arcadium lithium“For $6.7 billion, in a deal that would make it one of the world’s largest lithium producers.
Shares increasedContinentalBy about three percent, after the German automobile supply company expected an improvement in its profits in the third quarter.
The shares of the German battery manufacturer Varta, which is facing difficulties, jumped by about 27 percent, after it announced that Porsche AG would invest in its business unit for large-sized lithium-ion battery cells.
