PARIS/LONDON/ZURICH (dpa-AFX) – Most of Europe’s most important stock markets fell moderately on Thursday. After the significant price gains the day before, a more cautious assessment of the ceasefire in the Iran war prevailed. This was also reflected in the increased oil prices.
The EuroStoxx 50 closed with a loss of 0.29 percent at 5,896.29 points. Outside the euro area, the British FTSE 100 fell by 0.05 percent to 10,603.48 points. In contrast, the Swiss SMI rose by 0.35 percent to 13,159.56 points.
Investor skepticism was fueled by the fact that the Strait of Hormuz is currently effectively closed. Since the ceasefire was announced, only a few ships have passed through the strait, which is important globally for the transport of crude oil and liquid natural gas. On top of that, there were massive attacks by Israel in Lebanon, which is why Iran is now threatening to terminate the ceasefire agreed with the USA. US President Donald Trump, for his part, is also threatening a new military escalation if a comprehensive agreement is not reached./edh/he
