European stocks edge higher

European stock markets edged higher Monday, but gains were tepid as investors digested China setting a modest growth target for economic growth this year ahead of the release of Eurozone retail sales data. 

At 03:40 ET (08:40 GMT), the DAX index in Germany traded 0.3% higher, the CAC 40 in France climbed 0.5%, while the FTSE 100 in the U.K. traded largely flat.

European equities kicked off the new week in a hesitant fashion after Chinese government officials set a 5% economic growth target for 2023 over the weekend, at the start of the annual session of the National People’s Congress.

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:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Fidelity European Trust

More articles like this

Fidelity European Trust

Europe stocks climb

European stock markets were higher Thursday amid hopes that the drama over the U.S. debt ceiling was entering its final stages. The benchmark Stoxx 600 was up 0.3% in afternoon trading, paring earlier gains but pulling away from its lowest

Fidelity European Trust

European banks are stronger than their U.S. rivals, analysts say

European banks are looking stronger and more attractive than their U.S. counterparts on many metrics, according to officials and analysts speaking at the Institute of International Finance conference in Brussels this week, who add that regulation and collaboration

Fidelity European Trust

European stocks advance at open

Europe’s stock markets opened higher Thursday, after gains elsewhere, on growing optimism over talks aimed at averting a catastrophic US debt default. In initial deals, London’s benchmark FTSE 100 index gained 0.5 percent to 7,762.20 points compared with

Fidelity European Trust

European stocks rise on promising German economic data

European and Asian stocks rose on Monday as investors cheered German economic data that indicated inflation in Europe’s largest economy was slowing. Europe’s region-wide Stoxx 600 rose 0.2 per cent, extending its rally from last week, while France’s

Fidelity European Trust

European stock futures edge higher

European stock markets are expected to open marginally higher Wednesday, as investors cautiously await the release of key U.S. inflation data while the earnings season continues. At 02:00 ET (06:00 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC

Fidelity European Trust

European stocks edge higher

European stock markets largely edged higher Tuesday, helped by positive earnings from banking giant HSBC ahead of the start of the crucial Federal Reserve policy meeting as well as the release of the latest Eurozone inflation data. At

Fidelity European Trust

Europe stock markets open higher

European stock markets continued positive momentum in the final session of the week, after a slew of corporate earnings beat expectations. The pan-European Stoxx 600 index was up 0.3% shortly after the open, with construction stocks up 1.1%. Utilities led

Fidelity European Trust

Bank shares lift European stocks to over one-year high

European shares hit their highest in over a year on Friday and ended their fourth straight week in the green, buoyed by positive earnings from major US banks and hopes of an end to the Federal Reserve’s rate-hiking

Fidelity European Trust

European markets higher

European stock markets were higher Tuesday after the long Easter weekend. The pan-European Stoxx 600 index was up 0.6% in morning trade, with most sectors and major bourses trading in the green. Mining stocks pared earlier gains of

Fidelity European Trust

European oil stocks rally

European oil stocks rallied on Monday, leading gainers in the region, as crude prices jumped more than 5% following a surprise announcement by OPEC+ to cut production further. The STOXX Europe 600 Oil & Gas index .SXEP was up 3.8%

Fidelity European Trust

European stocks rebound as banking jitters ease

European stocks climbed on Monday, as a sense of calm returned to markets following a week of turbulence over concerns about banking sector stability after the collapse of Credit Suisse and two U.S. mid-sized lenders. The pan-European STOXX

Fidelity European Trust

European stocks higher

On Monday, European markets fluctuated, with the pan-European Stoxx 600 index lower in the first hours of trade before moving into positive territory. Even banks reversed earlier sharp losses to trade 0.3% higher. UBS agreed on Sunday to buy rival Credit Suisse for

Fidelity European Trust

European markets higher

European markets were cautiously higher Tuesday as the aftershocks from Silicon Valley Bank’s collapse continue to ripple through financial markets. The pan-European Stoxx 600 index was up 0.2% in early trade, with sectors and major bourses a spread

No more posts to show