Europe shares end higher amid hopes for easing geopolitical tensions -2-
(Il Sole 24 Ore Radiocor) - Milano, 10 apr - In European stock market dealings, defense stocks were mostly lower with Rheinmetall and Renk losing 5.57% at 1,463.80 euros and 3.85% at 52.28 euros, respectively in Frankfurt.
Shares of the French catering group Sodexo slumped 10.60% to 39.64 euros in Paris after the company lowered its financial targets for the fiscal year ending August 2026, following disappointing first half results.
While in Milan, shares of the semiconductor group STMicroelectronics rose 3.47% at 33.89 euros, tracking a tech rally fueled by TSMC's strong quarterly revenues and growing demand for AI applications.
In Oslo, shares of Tomra Systems gained 5.78% to 126.30 Norwegian crowns as Pareto Securities maintained its buy.
rating on the stock with a price target of 197 crowns.
(RADIOCOR) 10-04-26 18:36:08 (0543) 5 NNNN