Live Markets: Shares dip, cyber outage in focus

Evolution AB (publ)

19/07/2024 10:32

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    SHARES DIP, CYBER OUTAGE IN FOCUS  
    European shares are down around 0.5% after the first few hours of trading was disrupted by
technology outages around the world, the impact of which is not yet fully known. 
    The STOXX 600 was last down around 0.4% with major national indexes in France, Britain and
German all down a similar amount.  .STOXX  
     The big news of the day is the global tech outage which is disrupting operations in
multiple industries, with airlines halting flights, some broadcasters off-air and everything
from banking to healthcare hit by system problems.
    LSEG said some of its services were affected by a third party technical issue, though
securities trading on the London Stock Exchange was not affected. 
    Travel and leisure stocks are the biggest sectoral faller of the day, down 2.4%,  .SXTP  
but that is partly down to a 8.6% plunge in Stockholm-listed casino software firm Evolution AB
after its second quarter earnings. 
    Miners are also struggling down 2.3% as copper prices hit three month lows.  MET/L  
    
    (Alun John)
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