empty
 
 

20.03.202610:35:17UTC+00European Stocks Cut Gains on Friday

Early gains of about 1% in both the STOXX 50 and STOXX 600 faded on Friday, leaving the benchmarks down 0.2% as volatility persisted and investors weighed mounting uncertainty over the economic fallout from the Middle East conflict. Oil prices, which had opened lower, reversed course and climbed, while ongoing strikes in the region added to supply concerns.

Technology and consumer cyclical shares lagged, with Roche (-1.7%), SAP (-1.6%), and Hermès (-2.3%) all weaker, and Maersk sliding more than 4%. By contrast, Infineon outperformed, advancing 3% to top the STOXX 600 after JPMorgan upgraded the stock on expectations of stronger demand linked to AI-driven power technologies.

On a weekly basis, the STOXX 50 is down 1.7% and the STOXX 600 has lost 2.1%, marking a third straight week of declines.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback