European shares surge at midday on US-Iran ceasefire deal -2-
(Il Sole 24 Ore Radiocor) - Milano, 8 apr - In Milan trade, shares of the Italian luxury group Brunello Cucinelli jumped 6.80% to 79.74 euros, buoyed by hopes for a recovery in Middle Eastern travel flows following the regional de-escalation.
Airline stocks across the continent also took flight as the US-Iran ceasefire eased pressure on fuel costs and flight paths. In Paris, Air France-KLM led the rally with a 14.08% surge to 10.13 euros meanwhile, in Frankfurt, Lufthansa added 10.69% to reach 8.151 euros, while London-listed easyJet.
climbed 10.95% to 396.30 pence.
(RADIOCOR) 08-04-26 12:01:12 (0305) 5 NNNN