Daily Report 21.02.2023
Objavljeno: 21. 02. 2023

European markets close slightly higher as investors await Fed notes 
European markets closed slightly higher Monday after a choppy day of trading, with attention this week set to be on the publication of Federal Reserve meeting notes. The pan-European Stoxx 600 index moved between slight losses and gains throughout the session. It closed up 0.1%. 
Mining stocks were the most upbeat, adding 2.4%, while tech stocks fell 0.6% and household goods dropped 0.5%. 
Euro zone consumer confidence increased in February, according to a flash estimate published by the European Commission. Confidence was up by 1.7 points compared to January to reach -19.0. The estimate matched forecasts by Reuters analysts. 
Mobile telecommunications gear producer Ericsson plans to eliminate 1,400 jobs in Sweden, in line with a previously announced cost-cutting strategy.  
French auto parts maker Faurecia was the top performer, gaining 4.7% after announcing on Sunday it would sell its SAS Cockpit Modules arm for 540 million euros ($577.5 million) in order to focus on its “core activities.” 
Source: CNBC, Investing.com