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European stocks rise as commodity prices rise

2022-06-27T09:19:58.840Z


London, SANA- European shares rose today to their highest level in two weeks, supported by the shares of mining and oil companies


London-Sana

European shares rose today to their highest level in two weeks, supported by the shares of mining and oil companies and the increase in commodity prices.

Reuters reported that the European Stoxx 600 index rose 0.7 percent, reflecting a sharp rise in Wall Street at the end of last week, due to allaying fears of continued high inflation.

The sub-index of oil companies rose 1.5 percent, and the sub-index of mining companies rose 3 percent.

Shares of luxury retailer Louis Vuitton and Richmond increased 0.8 percent and 2.4 percent, respectively.

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Source: sena

All business articles on 2022-06-27

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