European actions decreased on Wednesday after four days of profits after commercial agreements between the United States and the United Kingdom and between the United States and China, which raised some concerns for the global commercial war, while even the balancing of weak companies weighed on the reference index.
The Pan-European Stoxx 600 index closed 0.24%, at 543.88 points, its first loss in five sessions.
High began on Thursday after the President of the United States Donald Trump announced a commercial agreement with the United Kingdom and continued after Beijing and Washington agreed with a 90 -day break in most of the rates imposed in April.
“This is a standard profit. European investors are facing some of the news on global rates with a somewhat healthier skepticism than US investors and the market is taking a short break,” said Sosnick, head of the Interactive Brokers market analyst.
The Stoxx 600 is well above the level of early April, when Trump launched its universal commercial rates, leading to a global settlement.
The health sector was the one who weighed the most in the reference index, with a 1.5%drop. Alcon recorded his greatest loss in one day since March 2020, after not having satisfied the expectations of the quarterly results and having examined his perspective until 2025 to reflect the impact of the US rates.
Most of the sectors finished the day, although banks have increased by 1.4%, being negotiated at the highest levels since August 2010.
The financial statements remained at the center of attention, with the investors attentive to the clues on how companies are planning to face the uncertain economic environment.
The Alstom Trains manufacturer fell to the last position of the Stoxx 600, with a minimum of over 17%, after its forecasts for the current year disappointed investors, pressing the industrial sector.
Tui, the largest travel operator in Europe, fell by about 11% after having recorded a drop in 1% of the summer reserves, while the imperial brands lost 7.3% after the cigarette manufacturer reported that President Stefan Bomhard will retire.
In London, the Financial Times rate retired from 0.21%to 8,585.01 points.
In Frankfurt, the Dax index dropped by 0.47%to 23,527.01 points.
In Paris, the CAC-40 index lost 0.47%to 7,836.79 points.
In Milan, the FTSE/MIB index was appreciated by 0.70%, at 40,356.68 points.
In Madrid, the Ibex-35 index recorded an increase of 0.52%to 13,840.20 points.
In Lisbon, the PSI20 index devalued 0.19%to 7,176.41 points.
Source: Terra
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