European markets gain as earnings drive rotation

Fidelity European Trust

European equities moved higher on Monday as earnings season continued to shape investor positioning. Strength in financial and technology stocks lifted most major indices.

The STOXX 600 edged up, supported by positive surprises from several large firms. STMicroelectronics led gains in the tech sector after reporting stronger revenue, reinforcing investor confidence in chipmakers. Banks also advanced, with ING rising on solid earnings and Swedbank gaining after announcing a higher-than-expected dividend. Commodity-linked stocks added support to the broader market as energy and mining names benefited from firm pricing.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

European shares rise as defence leaders strengthen growth prospects

European shares moved higher as strong results from Dassault Aviation, Thales and Indra highlighted rising defence orders, revenue growth and improving long-term visibility.

Fidelity European Trust gains as ASML and aerospace holdings drive June outperformance

Fidelity European Trust outperformed its benchmark in June, helped by stock selection in industrials and consumer discretionary holdings. ASML and MTU Aero Engines were among the leading contributors.

European equities gain fresh attention as market leadership broadens

European equities are drawing renewed attention as record highs, broader market leadership and German policy signals reshape the regional market outlook.

European equities advance as inflation data and policy signals take focus

European shares advanced as softer inflation data, stronger technology stocks and central bank signals shaped positioning into the next quarter.

Fidelity European Trust outperforms on technology and utilities strength (LON: FEV)

Fidelity European Trust reported benchmark outperformance in May, supported by technology and utilities exposure, while gearing, energy holdings and 3i Group weighed on returns.

European stocks rise as oil falls and tech shares recover

European stocks rose as lower oil prices eased inflation concerns and stronger chip-sector signals lifted technology shares.

Search