{"id":25137,"date":"2022-08-24T17:26:12","date_gmt":"2022-08-24T17:26:12","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/24\/major-european-markets-close-higher-4\/"},"modified":"2022-08-24T17:26:12","modified_gmt":"2022-08-24T17:26:12","slug":"major-european-markets-close-higher-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/24\/major-european-markets-close-higher-4\/","title":{"rendered":"Major European Markets Close Higher"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The major European <span class=\"landLinks\">markets<\/span> closed higher on Wednesday even as the mood remained cautious after comments from Minneapolis Fed President Neel Kashkari reiterated the U.S. central bank&#8217;s commitment to bringing inflation under control through tighter monetary policy.<\/p>\n<p>Investors also looked ahead to the speech from Fed Chair Jerome Powell at the central bank&#8217;s annual economic symposium in Jackson Hole, Wyoming, on Friday, and the minutes of the ECB&#8217;s last policy meeting.<\/p>\n<p>The pan European Stoxx 600 edged up 0.16%. Germany&#8217;s DAX advanced 0.2% and France&#8217;s CAC 40 climbed 0.39%, while the U.K.&#8217;s FTSE 100 drifted down 0.22%. Switzerland&#8217;s SMI gained 0.73%.<\/p>\n<p>Other markets in Europe ended on a mixed note. Austria, Belgium, Denmark, Ireland, Netherlands and Norway ended higher.<\/p>\n<p>Czech Republic, Iceland, Poland, Portugal, Russia, Spain and Turkiye closed weak, while Finland, Greece and Sweden ended flat.<\/p>\n<p>In Germany, Sartorius, Puma, Qiagen, Adidas, Siemens, Siemens Healthineers, Symrise, Deutsche Boerse, RWE and Merck gained 1 to 3%.<\/p>\n<p>HeidelbergCement and E.ON both shed more than 2.5%. Fresenius, Fresenius Medical Care, Daimler and HelloFresh lost 1 to 1.7%.<\/p>\n<p>In Paris, Hermes International, Dassault Systemes, L&#8217;Oreal and Essilor gained 1.7 to 2.3%. Faurecia, Pernod Ricard, Schneider Electric and Danone also ended notably higher.<\/p>\n<p>Unibail Rodamco, ArcelorMittal, Orange and Veolia closed weak.<\/p>\n<p>In the UK market, Aveva Group soared nearly 27% In the UK market, Aveva Group soared nearly 27% after French industrial conglomerate Schneider said it is considering buying out minority shareholders in Aveva.<\/p>\n<p>Carnival gained about 4%. Bunzl, Melrose Industries, Scottish Mortgage, Spirax-Sarco Engineering, Coca-Cola, Informa and IAG gained 1.4 to 3%.<\/p>\n<p>Polymetal International, Centrica, Prudential, Land Securities, Sainsbury J, Tesco, Persimmon, Rio Tinto and BT Group ended lower by 2 to 3%. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Major European Markets Close Higher<\/a><br \/>\n<br \/>2022-08-24 17:26:12<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The major European markets closed higher on Wednesday even as the mood remained cautious after comments from Minneapolis Fed President Neel Kashkari reiterated the U.S. central bank&#8217;s commitment to bringing&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-25137","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=25137"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/25138"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=25137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=25137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=25137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}