The main europe stock exchanges closed Tuesday’s trading on positive ground, closing a period of losses caused by rising global risk aversion. All places, with the exception of the Spanish, recorded progress.
The index DAX of the Frankfurt Stock Exchange led the gains with 1.15%, after four consecutive falls. Behind was the FTSE MIB of Milan, with 1.04%, also after four losses. indexes ACC 40parisian, and FTSE100 London, fell 0.51% and 0.37 percent.
just the index IBEX 35of the Madrid Stock Exchange, ended the session without gains, although it closed stable, with bank shares offsetting the falls of energy companies due to the possibility of rate hikes to curb strong inflation in the euro zone.
Finally, the Euro Stoxx 50, which measures the stock performance of the 50 largest issuers by capitalization in the euro zone, rose 0.79% with 40 of its components in the green. Inside, the German pharmaceutical company Bayer stood out, gaining 5.40 percent.
Inflation in the euro zone soared to a record 7.5% last month. The market attentively awaits the decision of the monetary authorities, who are increasingly advocating a rapid withdrawal of the stimuli, and several of them, for an increase in rates in July.