Paris/London/Zurich (dpa -AfX) – Europe’s stock markets hardly moved on Wednesday. “After the elephant round in the White House and before the central bank meeting in Jackson Hole, lethargy spreads,” emphasized capital market strategist Jürgen Molnar from the Broker Robomarkets.
The Eurozone-Leiten-Leindex EUROSTOXX 50 tends hardly changed at noon with 5,481.14 points. The situation was similar on the stock exchanges outside the euro area. For the Swiss SMI, it went up 0.1 percent to 12,221.44 points, the British FTSE 100 also increased by 0.1 percent to 9,196.81 points.
“Investors continue to keep their feet still and wait for their hopes to finally become facts,” emphasized Molnar. “Geopolitically, the efforts of sustainable ceasefire in Ukraine should now make further progress promptly.”
The defensive food values rose in the reserved market. Nestle (Nestlé) created 1.7 percent and thus established stabilization in the current month. Danone were also in demand with a two percent serve.
The sanitary technology group Geberit was less good. With the figures submitted, the Swiss had not completely fulfilled the expectations of the analysts. The view of the year as a whole was also unable to trigger euphoria. After the strong development in the previous course, market participants have now taken profits, the share lost 2.2 percent.
Even worse, Alcon got another Swiss standard value. The stock sagged according to cautious numbers and a reduced outlook by 11.3 percent ./Mf/jha/