European Markets Close Mixed
The pan-European Stoxx Europe 600 index inched up 0.1%, gaining 0.61 points to finish the midweek session at 621.58. Meanwhile, the UK's FTSE 100 index advanced 1.14% to close at 10,472.11.
In contrast, Germany's DAX 40 slipped 0.53% to 24,856.15 points, and Italy’s FTSE MIB 30 decreased 0.62%, ending at 46,510.83. France’s CAC 40 edged down 0.18% to 8,313.24, while Spain’s IBEX 35 retreated 0.43% to 17,439.5 points.
Addressing the European Industry Summit in Antwerp, EU Commission President Ursula von der Leyen remarked that "public procurement carries significant financial power" and emphasized that the commission plans to introduce "EU content and low-carbon requirements in strategic sectors to support European companies."
In other developments, the European Parliament sanctioned a €90 billion ($106.9 billion) loan to Ukraine to cover its financial needs for 2026 and 2027.
Meanwhile, the euro was trading at 1.1887 against the dollar, marking a decline of 0.07% as of 1750 GMT.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
