Europe closes at new highs digesting inflation data – Markets in a minute

Europe closes at new highs digesting inflation data - Markets in a minute

Stokes 600 with media and technology highlighted in green

The StockX 600, the index which is the largest group of 600 listed on the Old Continent, is trading in positive territory, rising 0.17% to 490.10 points.

European investors are still awaiting Eurozone inflation data, which will be released this morning.

At this time, companies in the media and technology sectors are highlighted with gains of between 0.49% and 0.47%, respectively.

The biggest gain is the decline in the tourism sector, which is currently yielding more than 1%.

Poland’s Inpost, which provides lockers for parcel deliveries, led the decline in Stocks 600. The company is giving up more than 12% in response to a downward revision to “Outlook” for the rest of the year. According to the company, further modest e-commerce growth is expected.

The Siemens Healthineers Stoxx is leading at 600, rising more than 5% since the 2025 strategy was announced.

The PSI-20 is currently leading with a gain of 0.39% in the main European markets. While most European stock exchanges are in positive territory, albeit with modest gains, the British index dropped 0.19%, on a day when rising inflation exceeded analysts’ estimates, hitting its highest level in ten years. The Spanish index is also in the red mark, down 0.13%.

On the earnings side, the German DAX index rose 0.17%, the French CAC 40 0.1%, the Amsterdam Stock Exchange 0.11% and the Italian index 0.28%.

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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