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European shares rose for the third consecutive session

2022-06-28T09:32:21.808Z

London, SANA- European shares rose for the third consecutive session today, supported by gains in commodity and industrial shares



London-Sana

European shares rose for the third consecutive session today, supported by gains in commodity and auto stocks, after China eased precautionary measures related to the Corona pandemic.

Reuters reported that the European Stoxx 600 index rose 0.9 percent as concerns eased about the central bank's moves to tighten monetary policy in order to control rising inflation.

The oil and gas sectors in Europe also rose 1.9 percent and 3.2 percent, respectively, with the increase in commodity prices, supported by hopes of a recovery in demand in China.

And Louis Vuitton "LVMH" luxury goods rose 1.4 percent, and Richmond shares rose 2.7 percent.

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Source: sena

All business articles on 2022-06-28

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