After Liz announced her retirement as British Prime Minister following an economic programme that had a catastrophic effect on the markets, European stocks increased today, Thursday.
The European Stoxx 600 index fluctuated up and down following the announcement in London before closing at 0.3%.
Tarras, which took over the position on September 6, was forced last week to dismiss her close ally, Finance Minister Kawasi Quarting, and to retract her entire economic program, almost after the damage to the British pound and British bonds; Because of the non -funded tax cuts plans, which prompted the Bank of England (the British Central) to intervene.
The pound gained strength, Khalifa Tarch will be picked the next week, and the Finnish Times index closed at a high level in London.
On the other hand, due to ongoing patent disputes that strained profits and lessened the impact of the high demand for fifth-generation equipment, the giant Finnish communications company Nokia and its rival Ericsson had lower growth than anticipated.
Both firms’ shares decreased by 7.6% and 14.8%, respectively.
More than half of the sectors included on the Stoxx index recorded 600 gains, and the shares of the technology sector rose 1.
The telecommunications sector suffered the worst losses, with shares falling 2. 5%, at a rate of 49%.
European equities rise following the announcement of a terrace’s resignation.
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