Stock indices of the largest countries of Western Europe are growing at the auctions on Tuesday, winning back the fall the day before.
The composite index of the largest companies in the region Stoxx Europe 600 by 11:20 pm increased by 0.87% and amounted to 426.32 points.
The German DAX index rises by 1.4%, the French CAC 40 – by 1.2%, the British FTSE 100 – by 0.6%. The Italian FTSE MIB and the Spanish IBEX 35 are up 1.5% and 1% respectively.
Consumer prices in Spain, harmonized with EU standards, increased by 10.3% in annual terms in August, preliminary data from the Spanish statistical office INE showed. Inflation slowed down from 10.7% in July and was below the 10.4% forecast by analysts polled by The Wall Street Journal.
The slowdown in consumer prices is associated with a slowdown in the rise in energy prices, the INE report notes.
On a monthly basis, consumer prices in the country rose by 0.1% in August. In the previous month, prices decreased by 0.6% compared to June.
Among the growth leaders in the Stoxx 600 are the shares of the Norwegian IT company Adevinta ASA (+13.8%), the Danish manufacturer of diagnostic equipment Ambu A/S (+7%), the British footwear manufacturer Dr. Martens PLC (+5%) and French digital Atos SE (+4.7%).
The drop leaders in Europe are shares of mining and energy companies, including Polymetal International PLC (-3%), Orron Energy AB (-2.8%), Dino Polska S.A. (-2.3%), Equinor ASA (-2%), Antofagasta PLC (-1.9%) and BHP Group Ltd. (-1.8%).
