European Daily Market Review

By X-blogger - on February 27, 2024

European markets are without a solid position today.

The German DAX inclined 81.40 or 0.47% from 17,504.FTSE-100 soared 4.30 or 0.06% from 7688.

The French CAC-40 surged 1.23 or 0.02% from 7,931.

The Stoxx 600 is without a solid direction at 9:20 a.m.Investment firm and asset manager Abrdn jumped 4.3% after declaring a loss of 5% in operating profit that nonetheless came over forecasts.

Shares of Scotland’s Abrdn inclined 4.8% at 9 a.m. in London, after the investment firm reported a 5% loss in adjusted operating profit to £249 million ($315.9 million).

Russia carried out a ban for six-months on gasoline exports from March 1 to keep prices stable amid growing domestic demand.

The ban, first reported by Russia’s RBC, was confirmed by a spokeswoman for Deputy Prime Minister Alexander Novak.

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