European shares close higher amid hopes for Iran deal -2-
(Il Sole 24 Ore Radiocor) - Milano, 22 mag - A good day for semiconductor shares as the tech sector shone with Infineon Technologies closing up 7.97%, STMicroelectronics 2.76% and ASML 2.77%.
In London trade, shares of Softcat surged 12.8% to 1,627 pence after the company raised its profit guidance following a strong performance in the third quarter of fiscal year 2026.
In Milan, The Italian Sea Group plunged 18.03% to 1.40 euros after the board of directors acknowledged significant losses that reduced the company's share capital below the legal minimum.
Also in Milan, Brembo shares climbed 4.62% to 10.86 euros as investors welcomed the announcement of a strategic alliance with China's Ningbo Huaxiang Electronic (Nbhx).
Meanwhile, in Madrid, shares of Puig slumped 13.44% to 15.27 euros following the collapse of merger talks with American.
cosmetics giant Este'e Lauder.
(RADIOCOR) 22-05-26 18:13:18 (0642) 5 NNNN