European Daily Market Review

By X-blogger - on March 1, 2024

European markets gained some side today after registering a rising mode in February.

The German DAX soared 83.48 or 0.47% from 17,761. The French CAC-40 fell 3.96 or 0.05% from 7,923.

FTSE-100 gained 47.89 or 0.63% from 7,677.

The pan-European Stoxx 600 inclined 0.3% by mid-morning, with adding 1.2%.

Flash euro zone inflation reading demonstrated the headline consumer price index retreating around 2.6% from January’s 2.8%.

Stock prices of Daimler Truck jumped to fresh all-time high Friday, after adding more than 13.5% in early deals.

As a matter of fact, the company registered record full-year profit and declaring a 2 billion euro ($2.16 billion) share buyback program.

U.K.  house prices have rallied on an annual basis for the first time in a year, as reported by the Nationwide.

The UK’s largest building society said declared price gains of around 1.2% in February versus last year.

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