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Delayed Switzerland  -  11:50 2022-08-12 am EDT
3776.81 PTS   +0.53%
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3776.81 PTS
08/09EUROPE : European shares edge lower after strong start to week
08/08EUROPE : European shares bounce as cyclicals, growth stocks find footing
08/05EUROPE : European shares steady ahead of U.S. jobs data
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European shares extend rebound as chemical, commodity stocks gain

06/21/2022 | 03:34am EDT
German share price index DAX graph is pictured at the stock exchange in Frankfurt

(Reuters) - European stock markets extended a rebound on Tuesday, aided by gains in chemical, mining and oil stocks as dip buyers emerged after a bruising sell-off last week on recession fears.

The pan-European STOXX 600 index rose 0.8%, stretching gains to a third session after hitting a more than one-year low last week.

Miners rebounded 1.6% after touching December 2021 lows in the previous session, while oil & gas stocks rose 1.2% as crude prices rose almost 1% on tight supplies of crude and fuel products. [O/R]

Boosting chemical stocks, French industrial gas company Air Liquide climbed 2.8% after striking its largest power purchase deal with Swedish utility Vattenfall.

French planemaker Airbus rose 2.0% after British airline easyJet said it would buy 56 Airbus A320neo aircraft.

Ocado dropped 4.5% after the British online supermarket and technology group said it would boost its liquidity by over $1 billion to fund its growth.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Subhranshu Sahu)

© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AIR LIQUIDE 0.64% 135.8 Real-time Quote.-2.32%
AIRBUS SE 0.54% 108.42 Real-time Quote.-3.51%
EASYJET PLC 0.77% 407.6 Delayed Quote.-26.69%
EURO STOXX 50 0.53% 3776.81 Delayed Quote.-12.13%
LONDON BRENT OIL -1.47% 97.84 Delayed Quote.27.42%
STOXX EUROPE 600(EUR)(TR) 0.17% 1013.99 Delayed Quote.-7.71%
WTI -2.31% 91.866 Delayed Quote.24.73%
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08/09EUROPE : European shares edge lower after strong start to week
08/08EUROPE : European shares bounce as cyclicals, growth stocks find footing
08/05EUROPE : European shares steady ahead of U.S. jobs data
08/04EUROPE : Robust earnings support European shares; eyes on BoE rate decision
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08/02EUROPE : Recession fears hit European shares; Sino-U.S. tensions weigh
08/01EUROPE : European shares flat as recession fears offset earnings boost; PMI data awaited
07/29EUROPE : European shares climb, set for best month since Nov 2020 on earnings cheer
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