European markets are on the rise as holiday week trading begins for Investing.com

Author: Daniel Shvartsman

Investing.com – European markets rose slightly on Monday at noon. At 1200 CET (1100 GMT / 600 ET) and 1% and 1% increased by 2% and 1%, respectively. The FTSE 100 is closed today to celebrate Christmas.

European stock markets and global markets in general are expected to have a quiet week due to the holiday trade, and with many indices already closing at all times or at least at the last high, it remains to be seen how far the “Santa Rally” will be. “remains to be done.

it has more than one percent at the beginning of the trade, although it is slightly higher. Payment software provider Adyen NV (AS 🙂 grew by 1.7% and is a food and beverage company Danone SA (PA 🙂 grew by 1.5%. At the bottom, EssilorLuxottica SA (PA 🙂 fell 1.1%, as did the media company. Vivendi SA (PA :).

Meanwhile, all eyes are on airlines and travel companies to see how they hold up to the concern of canceling flights around the world. To date, International Consolidated Airlines Group SA (MC 🙂 has risen by 6% on the Spanish list, while Deutsche Lufthansa AG (DE 🙂 is selling 4% and is a provider of travel software. Amadeus IT (MC :)%, 7% increase. Melia Hotels (MC 🙂 is also among the leaders in Ibex, up 1.6%, a sign that investors are looking at a slight impact on Omicron from the current interruptions. Shares of U.S. airlines are being sold, perhaps as a result of a more concentrated wave of cancellations.

Nel ASA (OL 🙂 reported a 4.6% increase in its $ 3 million and $ 6 million in separate orders for its electrolysis and fuel power plants.

Notable gains in Europe are Stellantis NV (PA 🙂 and Fresenius SE & Co KGAA ON (DE :), each up 1.2%; Covestro AG (DE :), 1% more, Cellnex Telecom SA (MC :), 2.5% more, and Lonza Group AG (SIX :), 2.5%.

They are significant market losers this morning Worldline SA (PA :), down 1.8%, up 1%, BE Semiconductor Industries NV (AS :), down 6%, Royal Dutch Shell PLC Class A (AS :), down 6% and STMicroelectronics NV. (PA :), download% 1.

Asian stock indexes ended the day slightly lower, and U.S. stock futures are trading earlier than flat in the early hours. It grew 1.5%, trading more than $ 50,000.

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(Marco Oerhl contributed to this report).

(Posted at 10:21 CET, 10:59 CET and updated at 12:10 CET)