Published on September 13, 2022 A new day clearly on the rise in the European stock markets, which ended with a 2.14% rise in the Euro Stoxx 50 at the close, which exceeded the barrier of 3,600 points to close at 3,646 integers, rising around 200 points since last Thursday. With regard to sector performance in the Stoxx 600, the biggest rise was recorded by the retail, car and banking sectors, in a clear commitment to the cycle. As is the case with ING, Santander or Allianz, as well as for Mercedes and Flutter. On the contrary, the defensive sectors of health, electricity and telecommunications, in this case we highlight Deutsche Telekom, Iberdrola, Hermes or ASML, lagged behind, although always positive. While the Ibex 35 rose 2.01% to 8,194 points, and only corrected 6% in the year. In our index, the strong rise of Inditex stood out, which recovered before publishing half-year results this week, and of the banks, with Caixabank and Santander in the lead, and metal companies (Acerinox or Arcelor). Solaria, Naturgy, Enagas and Siemens Gamesa lagged behind in electricity and renewables. US stock markets started moderately higher and ended the session with significant gains, from 1.06% in the S&P500 to 4,110 points, as well as 0.7% in the Dow Jones and 1.27% in the Nasdaq. INFORMATIONTitleWIDESPREAD RISES IN STOCK MARKETS IN A CLEAR COMMITMENT TO THE CYCLE DescriptionA new day clearly on the rise in European stock markets, which ended with a 2.14% rise in the Euro Stoxx 50 at the close, which exceeded the 3,600-point barrier. Author GLOBALCAJA
Widespread rises in the stock markets in a clear commitment to the cycle
