European blue chips face their best August since 2020
Los valores tecnológicos o vinculados a la inteligencia artificial y los de Defensa llevan el Euro Stoxx 50 a récord. Leer
The Euro Stoxx 50 index has reached a record high, driven by technology and defense stocks, rising 2.71% this month, its best August performance since 2020. Companies like Ayden, SAP, ASML, and Siemens Energy have seen significant gains, with Ayden up 17.62% after improving its annual forecasts and SAP rising 13.81% despite lowering its profit forecast.
Defense stocks such as Safran, Rheinmetall, and Airbus have also performed well. The index has now risen for five consecutive months, with a 16.86% gain during this period, and has received support from investors such as JPMorgan and BlackRock, who expect the European market to continue to perform well.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
