Paris/London/Zurich (dpa -AFX) – The European stock markets expanded their price losses during the day on Monday. While the London stock exchange was closed due to a holiday, continental Europe was talking about a long -term impulsive trade with initially slight losses. After the opening of the New York stock exchanges, however, there was a little more pressure. The EuroStoxx 50 ultimately dropped by 0.81 percent to 5,443.96 points.
Before the weekend, signals for an upcoming key interest rate in the United States brought the leading index of the euro zone a little closer to his record high of March this year. Interesting optimism now seems to be fizzled out, while there is no real progress with a view to the peace efforts for Ukraine. “Investors are greeted with a more relaxed monetary policy, but the context also plays a role,” wrote a market expert. With regard to the economic environment, there is still considerable uncertainty.
For the Swiss SMI on Monday, the ultimately went down by 0.48 percent to 12,206.36 points.
The focus in Europe was again the wind power sector with bad news at the beginning of the week. High price losses of more than 16 percent, which the Orsted investors had to take, pulled the whole industry down. Vestas (Vestas Wind Systems AS) lost 3.5 percent.
Orsted burdened a temporary stop of US authorities for a wind power project in the USA. If this stays into force for longer, the project should be delayed and there was a risk of extensive value adjustments, the analysts of the Jefferies investment house said. The current news situation is unfavorable for the upcoming capital increase of Orsted.
The Valneva investors also experienced a course debacle after the US Health Authority FDA had stopped admission to a vaccine of the French against the Chikungunya virus with immediate effect. The Valneva shares slipped by 22 percent.
There were better news for the shareholders of the Dutch coffee and tea specialist JDE PEETS (JDE PEETS BV). A takeover offered by the US beverage group Keurig Dr Pepper let the shares clever by 17.5 percent up to 31.18 euros.
In the EuroStoxx, the papers of the French infrastructure group Vinci were the bottom of 5.8 percent. Arms were asked again, which made Rheinmetall with an increase of 1.7 percent to the best EuroStoxx value ./Tih/he