Home » European Stock Market Outlook (April 22): Expectations on Marine Le Pen against Emmanuel Macron French elections
European markets closed the week downbeat due to uncertainties related to the French elections (2nd round) which will take place on Sunday and will see Marine Le Pen against Emmanuel Macron.
With all the indexes down between 2 and 3% and major stocks following the trend this friday has been tizzy for the European markets.
The DAX in decrement of 2.48% and the major loss reported from Covestro -10.37%, Siemens Healthiiners AG -6.98% and HelloFresh SE -2.21%. and the only one in green for today session has been Heidelbergcement with a bashful +0.79%.
Also the big on marked decrease seeing: Deutsche Bank -2.97% and Deutsche Telecom -2.06%, E.ON -0.54%.
In France the situation wasn’t that better with CAC 40 down by -1.99%. Leading the band of top losers Kering with a -4.32% followed by Arcelor Mittal at -4.05%. On earning only Saint Gobain and Orange respectively +1.13% and +0.20%.
Ibex 35, followed the colleagues slipping of 1.84%, the worst stocks of the day were Ferrovial -4.26% and Inditex -3.65% suffering the weight of the market where it is listed.
Euro stoxx 50 bearish as well losing -2.24% with Adyen leading the red side slipped -4.95% and Kering -4.32%. In green only Prosus +1.34%. Among the most traded stocks Intesa -2,08%, Iberdrola -0,81%, Santander -1.98%.
Great Britain 100 slipped 1,41% but had a well balanced portfolio. B&M European -6.07%, Anglo American -5.49%, Rolls-Royce Holdings PLC -5.21%. On the earnings: Intertek 1.34%, Avast 1.61% and Rentokil 1.99%.
The Italian market with the Index Italia 40 had a remarked decrease losing -2.24%. Among the most traded: Telecom Italia -4.37%, Intesa -2.08%, Enel -1.59%. On the green Buzzi Unicem +1.42%, Hera SPA 0.47%. The most negative results experienced from Saipem -7.54%.
Euro Stoxx 50 Most traded stocks: Intesa Sanpaolo -2.08% Volumes 97.47M Iberdrola -0.81% Volumes 50.11M Santander -0.89% Volumes 23.31M Enel +1.28% Volumes 14.95M ING Groep +1.04% Volumes 12.34M
Euro Stoxx 50 Top Gainers: Prosus +1.34% Bayer -0.18% Danone -0.22% Deutsche Borse -0.40% Ahold Delhaize -0.43%
Euro Stoxx 50 Top Losers: Adyen -4.95% Kering -4.32% Siemens -3.87% Linde PLC -3.87% Adidas -3.82%