European markets rise on corporate earnings and interest rate outlook

European markets kicked off the new trading week higher, as investors continued to monitor corporate earnings and the interest rate outlook.

The pan-European Stoxx 600 was up 0.34% at 8:43 a.m. in London, with all sectors in the green bar oil and gas, which dipped 0.08%. Financial services and autos led gains, both higher by around 0.7%.

Food delivery firms Just Eat and Delivery Hero were the top performers, up by 6% and 4.4%, respectively. Deutsche Bank analysts raised their target price on Just Eat, but trimmed their target price on Delivery Hero, according to Reuters.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Fidelity European Trust

More articles like this

Fidelity European Trust

European stocks show signs of recovery

European stocks experienced a modest increase by midday Tuesday in London, attempting to recover from Monday’s market downturn. At 11:54 a.m. London time, the pan-European Stoxx 600 was up 0.17%. It was a day of volatility,

Fidelity European Trust

European stocks offer stability and growth

European stocks have been a beacon of stability and growth in the global financial markets. The recent surge in European equities is a testament to the robust economic fundamentals and the innovative corporate strategies driving the

Fidelity European Trust

European markets start the week on a positive note

European markets opened the week with a positive trend, as investors shifted their focus from last week’s negative sentiment to the upcoming interest rate decision by the Bank of England. The Stoxx 600 rose by 0.26%

Fidelity European Trust

European stock market soars to new heights

European stocks achieved a new record, driven by the ongoing surge in technology shares and expectations of an interest rate cut from the European Central Bank (ECB) on Thursday. The pan-European Stoxx 600 index increased by