English
European stocks end the first session of the week on a high, with the follow-up to the developments of the Ukrainian crisis
European stocks end the first session of the week on a high, with the follow-up to the developments of the Ukrainian crisis
European shares ended the first trading sessions of the week on the rise, except for the British FTSE index, which closed down, with the follow-up to the latest developments in the Russian-Ukrainian war, and amid a 1.2% increase in the auto sector.
At the end of the session, the Stoxx 600 Index rose 0.14% to record 454 points, while the German DAX rose by 0.78% to 14,417 points.
While the French CAC index rose 0.54% to close at 6589 points.
Ukrainian President Volodymyr Zelensky announced that his country was ready to discuss adopting a neutral status as part of a peace agreement with Russia.
For his part, Morgan Stanley cut his forecast for European corporate profit growth for the total 2022 to only 3%, compared to a previous growth forecast of about 10%.
