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European Equities End: New York gains fuel late trading

The EuroStoxx 50 expanded its significant gains from the previous day and closed with a plus of 1.01 percent at the daily high of 4217.06 points. The French Cac 40 rose 1.24 percent to 7051.67 points – this was also the highest price of the day. The British FTSE 100 finished trading with a gain of 0.61 percent to 7341.66 points.

In a European industry comparison, investors favored stocks from the technology sector after the New York Nasdaq stock exchange again expanded its high price gains from the previous day in the middle of the week. Among the top values ​​in the EuroStoxx, the shares of the payment processor Adyen gained 3.2 percent and those of the chip industry supplier ASML around two percent.

At the top of the EuroStoxx, Airbus added another four percent to their high price gain on Tuesday. In doing so, they closed the price gap from the end of November. The group is well on the way to being able to deliver 600 aircraft by the end of the year, reported the Bloomberg news agency, citing informed people. By mid-December, Airbus had achieved around half of the 82 deliveries that were still required in the final month.

The Irish low-cost airline Ryanair lowered its forecast for the current financial year. Because of the spreading Coronavirus variant Omikron and the associated travel restrictions, a higher loss than previously expected, it said. For January, Ryanair cut its flight capacities by 33 percent. Investors left everything completely cold: The papers listed in London gained almost five percent.

The shares of the food delivery service Just Eat Takeaway stood out after a week-long price weakness initially with a plus of six percent, which however fell to only 0.7 percent at the close of trading. In the beginning, they benefited from the fact that competitor Delivery Hero discontinued its food delivery service in Germany after a short period of time./ajx/he

(AWP)

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