Ryanair continues to climb, while Marks & Spencer is the star performer on the FTSE 100
European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while investors assessed economic data and comments from central bankers in a bid to discern the European Central Bank’s future path on interest rates.
Packaging group Smurfit Kappa declined 1.3 per cent to €31.82, while insulation-maker Kingspan shed 1.1 per cent to close at €64.92.The FTSE 100 closed down 0.1 per cent, though Marks & Spencer hit its highest levels in over a year-and-a-half following upbeat profit, while mid-cap stock ITV fell after a disappointing forecast.
Luxury carmaker Aston Martin ended 2 per cent higher after the Warwickshire-based company said Saudi Arabia’s Public Investment Fund had raised its stake by 2.6 per cent, making the sovereign fund its second-largest shareholder.
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