The main European stock rate has reached the maximum record of Friday, led by technological and health actions, since the strong results of large companies, such as Novartis, have overshadowed the concerns of a weaker economic recovery in the euro of the area.
The Spoxx 600 index increased by 0.37%, to 540.82 points, after closing the historical maximum of Thursday, in the wake of the interest rate cut by the European Central Bank and by a “spicy” perspective for the future trajectory of interests.
Technological shares advanced by 1.6%, led by a 7.6%hexagon leap, which recorded a surprising increase in the operational profit of the fourth quarter.
The manufacturer of ASML chip equipment also increased the sector, gaining 3%as it maintained the positive trend generated by its robust results on Wednesday.
The health sector added 1%, with the new Nordisk increasing by 1.4%, while Novartis gained 3.4%, after the company issued a quarterly rectified net profit that has exceeded expectations a due to the strong sales of its medicines between the part between the Kesimpta.
The Stoxx 600 is reaching its fourth consecutive record of record earnings, as well as at the sixth consecutive weekly increase, the longest sequence since March 2024.
The actions passed the losses on Monday, triggered by the launch of the Chinese model of low -cost low -cost artificial artificial intelligence, which led investors to question the high appreciation of the roles of the AI sector.
The ECB reduced interest rates on Thursday and reported a new reduction in March, since the concerns for weak economic growth have exceeded persistent inflation.
The data released on Thursday showed that the economy of the euro area was stagnated in the last quarter, promoting the fears that the planned recovery for a long time could be even slower.
. In London, the Financial Times index advanced from 0.26%to 8,668 points.
. In Frankfurt, the Dax index increased by 0.15%to 21,760 points.
. In Paris, the CAC-40 index gained 0.28%at 7,963 points.
. In Milan, the FTSE/MIB index was appreciated by 0.25%, at 36,519 points.
. In Madrid, the Ibex-35 index recorded a maximum of 0.06%, at 1,427 points.
. In Lisbon, the PSI20 index was evaluated at 0.07%, 6,539 points.
Source: Terra
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