European Shares Climb After Ukraine's Ceasefire Agreement

RTTNews | 13時18分前
European Shares Climb After Ukraine's Ceasefire Agreement

(RTTNews) - European stocks advanced on Wednesday after Ukraine signaled its readiness to accept a U.S. proposal for an "immediate, interim 30-day ceasefire" with Russia, and the European Union announced retaliatory tariffs on U.S. imports of steel and aluminum.

"A while ago, Ukraine has agreed to the ceasefire. Now we go to Russia and hopefully President Putin will agree to it also," U.S. President Trump said soon after the Jeddah announcement.

The pan European STOXX 600 jumped 0.6 percent to 539.85 after four days of declines amid fears about U.S. trade policies and uncertainties related to Germany's fiscal stimulus package.

The German DAX and France's CAC 40 both surged around 0.8 percent while the U.K.'s FTSE 100 was up 0.3 percent.

Puma SE shares slumped 22 percent. The German sportswear group gave a cautious outlook for the 2025 fiscal year, citing global trade tariffs and currency volatility.

Zara owner Inditex plummeted nearly 8 percent after reporting a slow start to its first quarter sales.

Luxury-car maker Porsche AG lost 4 percent after slashing profit targets.

Danish biotech company Zealand Pharma soared 25 percent after a collaboration deal with Swiss pharmaceutical firm Roche.

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Swiss Market Ends On Buoyant Note

Swiss Market Ends On Buoyant Note

The Switzerland market closed on a buoyant note on Wednesday, in line with markets across Europe, as optimism about a ceasefire in Ukraine, and data showing a less than expected increase in U.S. consumer prices in the month of February lifted investor sentiment.
RTTNews | 4時11分前
Canadian Stocks Turning In Mixed Performance After BoC Rate Cut, U.S. Inflation Data

Canadian Stocks Turning In Mixed Performance After BoC Rate Cut, U.S. Inflation Data

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RTTNews | 6時40分前
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RTTNews | 7時39分前
Bank Of Canada Cuts Interest Rates By Another 25 Basis Points

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RTTNews | 8時4分前
U.S. Consumer Prices Rise Less Than Expected In February, Annual Growth Slows

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A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased by slightly less than expected in the month of February. The Labor Department said its consumer price index crept up by 0.2 percent in February after climbing by 0.5 percent in January. Economists had expected consumer prices to rise by 0.3 percent.
RTTNews | 8時24分前
Bay Street Likely To Open On Positive Note

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RTTNews | 9時15分前