AGL 5.79 Increased By ▲ 0.09 (1.58%)
ANL 9.01 Decreased By ▼ -0.09 (-0.99%)
AVN 79.10 Decreased By ▼ -0.06 (-0.08%)
BOP 5.19 Decreased By ▼ -0.02 (-0.38%)
CNERGY 4.69 Decreased By ▼ -0.04 (-0.85%)
EFERT 81.49 Increased By ▲ 0.38 (0.47%)
EPCL 50.80 Increased By ▲ 0.05 (0.1%)
FCCL 13.45 Decreased By ▼ -0.07 (-0.52%)
FFL 5.83 Increased By ▲ 0.07 (1.22%)
FLYNG 7.18 Decreased By ▼ -0.11 (-1.51%)
FNEL 4.81 Decreased By ▼ -0.03 (-0.62%)
GGGL 8.85 Decreased By ▼ -0.04 (-0.45%)
GGL 15.83 Increased By ▲ 0.03 (0.19%)
HUMNL 5.82 Decreased By ▼ -0.01 (-0.17%)
KEL 2.63 Increased By ▲ 0.04 (1.54%)
LOTCHEM 29.60 Decreased By ▼ -0.20 (-0.67%)
MLCF 25.15 No Change ▼ 0.00 (0%)
OGDC 72.31 Decreased By ▼ -0.39 (-0.54%)
PAEL 15.32 Decreased By ▼ -0.15 (-0.97%)
PIBTL 5.23 Increased By ▲ 0.10 (1.95%)
PRL 16.30 Decreased By ▼ -0.20 (-1.21%)
SILK 1.08 Decreased By ▼ -0.02 (-1.82%)
TELE 9.50 Decreased By ▼ -0.05 (-0.52%)
TPL 7.35 Increased By ▲ 0.02 (0.27%)
TPLP 19.11 Decreased By ▼ -0.15 (-0.78%)
TREET 22.00 Increased By ▲ 0.16 (0.73%)
TRG 142.25 Decreased By ▼ -1.85 (-1.28%)
UNITY 17.26 Decreased By ▼ -0.26 (-1.48%)
WAVES 10.03 Increased By ▲ 0.03 (0.3%)
WTL 1.37 No Change ▼ 0.00 (0%)
BR100 4,247 Decreased By -11 (-0.26%)
BR30 15,782 Decreased By -59.5 (-0.38%)
KSE100 42,329 Decreased By -45 (-0.11%)
KSE30 15,633 Decreased By -32.4 (-0.21%)
Follow us

European stock markets extended a rebound on Tuesday, aided by gains in chemical, mining and oil stocks as dip buyers emerged after a bruising sell-off last week on recession fears.

The pan-European STOXX 600 index rose 0.8%, stretching gains to a third session after hitting a more than one-year low last week.

Miners rebounded 1.6% after touching December 2021 lows in the previous session, while oil & gas stocks rose 1.2% as crude prices rose almost 1% on tight supplies of crude and fuel products.

Boosting chemical stocks, French industrial gas company Air Liquide climbed 2.8% after striking its largest power purchase deal with Swedish utility Vattenfall.

Banks, energy stocks fuel rebound in European shares

French planemaker Airbus rose 2.0% after British airline easyJet said it would buy 56 Airbus A320neo aircraft.

Ocado dropped 4.5% after the British online supermarket and technology group said it would boost its liquidity by over $1 billion to fund its growth.

Comments

Comments are closed.

European shares extend rebound as chemical, commodity stocks gain

At least 3 killed, over 20 injured in suicide blast in Quetta

Intra-day update: rupee records marginal gain against US dollar

November CPI likely to decline marginally

ECC approves Kissan Package: Power tariff for tubewells reduced to Rs13 per unit

Q4FY22 adjustment: KE tariff to go up by Rs1.55/unit

FTO says oil, gas sector ‘strictly’ governed by Ogra

Internet services now operating normally in Pakistan: PTA

FCA for Oct 2022: Nepra approves Rs3.3bn refund

‘Released’ consignments: Customs Adjudication can’t recover short levy, tax: SHC

General election: ECC approves Rs15bn for ECP