Live Markets: Keeping calm

H and M Hennes and Mauritz AB

26/06/2025 09:15

STOXX 600 up 0.2%, led by miners and defence

S&P futures up 0.27%

H&M gains 7% after results

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KEEPING CALM

There hasn't been too much excitement in the first hour or so of European trading, the Stoxx 600 is a touch above flat and even at the sector level things are pretty muted.

Defence names, up 1.37% .SXPARO are the biggest gainer, likely helped by Tuesday's announcement on defence spending from NATO leaders, and miners are also up over 1%. SXPP

Single stock wise, Swedish fashion retailer H&M HMb.ST stands out, up 7% after it reported slightly stronger second-quarter profit.

Carrefour CARR.PA down 4.2% is the biggest faller of the day.

Markets aren't too excited by the Shell SHEL.L and BP BP.L drama, the shares are up 0.3% and 0.2% respectively.

(Alun John)

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EARLIER LIVE MARKETS POSTS

EUROPE BEFORE THE BELL: MOVING ON UP  CLICK HERE

MORNING BID: TRUMP PUNCHES AT POWELL, DOLLAR RECOILS CLICK HERE