قالب وردپرس درنا توس
Home / Business / US-EU meeting, focus on new revenue

US-EU meeting, focus on new revenue



The pan-European Stoxx 600 was flat with the different sectors in opposite directions. Basic resources and cars were the worst performers in early deals given their connection to trading. On the other hand, housewares led profits supported by strong earnings. LVMH rose 2 percent, almost reaching new highs after delivering robust results in the first half of the year.

With regard to the European benchmark, the Swiss pharmaceutical manufacturer Lonza has raised its annual outlook and equities plunged jump nearly 7 percent and profits across Europe. Also Telefonica Germany has risen by about 6 percent, after it has confirmed to achieve the annual target.

The Deutsche Bank share fell slightly in the second quarter after a net profit of 401

million euros (468 million US dollars). In addition, Indivior shares fell by as much as 20 percent after reporting a 24 percent decline in earnings in the previous quarter.

No important economic data will be released on Wednesday.


Source link