Trade suspended until tomorrow. Affected building in Kiev. Wall Street with a mixed start and pending oil – The markets in a minute

Lisbon and Amsterdam in counter-cycle with European ascents. Featured auto and bank

European stock markets are evolving in positive territory, with the exception of Lisbon and Amsterdam. If Lisbon started the day on positive ground, it has already reversed the trend and is trading in the red, with listed companies such as Galp, EDP Renováveis, EDP or Jerónimo Martins despite the drop.

The Stoxx 600 rose 0.52% to 433.43 points. The relaxation of oil but also the resumption of negotiations concerning the war in Ukraine are at the center of attention. The rise in the pan-European index was mainly driven by gains in the automotive (3.5%) and banking (2.46%) sectors.

With few sectors in the red, the highlights are declines in Basic Resources, which fell 1.53%, and Domestic Consumer Products, which depreciated 1.06%.

The PSI-20 fell 0.15%, while in Spain the IBEX rose 1.4% and in Germany the DAX gained 1.76%. In London, the FTSE appreciated by a slight 0.03% and in Paris the CAC40 totaled 0.42%. Milan recorded gains of 1.18%.

Amsterdam, meanwhile, is in the red, down 0.49%, on a day when tech investor Prosus weighs in. This quotation depreciated by 10.64% to 45.26 euros, a new historic low for the company. Prosus is reacting to Monday’s selloff in Chinese tech, as the company holds a stake in Chinese giant Tencent. The Wall Street Journal has argued that Tencent could pay a record fine for violating WeChat rules.

Tencent shares were down 9.79% this morning in Hong Kong.

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