Radiocor News

Europe shares slightly higher; earnings in focus -2-

Miners lead gains; Kering, Volvo dip (Il Sole 24 Ore Radiocor) - Milan, 24 Apr - In European stock market dealings most sectors were mixed, with miners leading the gains as they rebounded from a two-day drop while banks slid.

Shares of French luxury group Kering dipped 7.50% in Paris dealings, slipping to a one-year low, after the company warned that it expects a sharp downturn in first half profits due to waning demand for its Gucci brand.

Swedish automaker Volvo sank 8.79% in Stockholm after operating earnings missed forecasts on lower revenues and losses at its Polestar business.

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(RADIOCOR) 24-04-24 13:31:29 (0439) 5 NNNN

 


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