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MODEL PORTFOLIO THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
investment-ss-3
Reports
Policy rate views: Fed expected to do baby steps
September 18, 2025 DOWNLOAD
economy-ss-9
Economic Updates
Inflation Update: Faster but full-year average within target
September 5, 2025 DOWNLOAD
948 x 535 px AdobeStock_433552847
Reports
Monthly Economic Update: Waiting on Jay Powell
September 2, 2025 DOWNLOAD
View all Reports
Equities 1 MIN READ

European stocks kick off week on cautious note amid geopolitical tensions

April 15, 2024By Reuters
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BRIEF-Geograce Resources Philippines Elects Delfin S. Castro, Jr. As Chairman December 17, 2021 Finishing the week with a flurry June 1, 2023 Gold trades below two-week highs as US inflation data stokes rate worries October 13, 2023

April 15 – European shares inched up on Monday, with defense stocks among top gainers, as investors assessed the wider implications of escalating tensions in the Middle East, while optimism around imminent interest rate cuts also aided sentiment.

The pan-European STOXX 600 gained 0.1%, led by the defense sector that was up 0.6% by 0713 GMT, after Iran launched explosive drones and missiles at Israel over the weekend in retaliation for a suspected Israeli attack on its consulate in Syria on April 1.

Among top movers, Temenos jumped 15.6% after the Swiss software firm said a “special committee” formed by its board found that accusations in a report by Hindenburg Research were incorrect and misleading.

Ageas climbed 3.6% as France’s BNP Paribas said it had reached an agreement with China’s Fosun Group to acquire its 9% stake in the Belgian insurer for around 730 million euros (USD 777.60 million).

Adidas rose 3.5% after brokerage Morgan Stanley double-upgraded the German sportswear maker to “overweight” from “underweight”.

(Reporting by Ozan Ergenay and Johann M Cherian; Editing by Sohini Goswami)

This article originally appeared on reuters.com

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