Radiocor News

European shares higher ahead of expected ECB rate cut

Inditex shares up on trading report (Il Sole 24 Ore Radiocor) - Milan, 05 Jun - Among specific shares, Inditex shares were up 4.09% following a strong trading report.

Inditex said its spring/summer collections continue to be very well received with store and online sales in constant currency between May 1 and June 3 up 12% versus the same period in 2023.

Sales in the first quarter rose by 7.1% on a reported basis, or 10.6% at constant currencies, to 8.2 billion euros.

In Milan trade, shares of the utility Enel gained 2.02% on the prospects of lower interest rates and after the European Commission gave the greenlight to an Italian renewable energy support mechanism for more immature technologies, including offshore wind energy.

AAA-Hob

(RADIOCOR) 05-06-24 13:33:43 (0362) 5 NNNN

 


The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.


You will be redirected in five seconds.