समाचारसूचकांकोंऊर्जा कंपनियों द्वारा तकनीकी दबाव का मुकाबला करने से यूरोपीय शेयरों में गिरावट आई

ऊर्जा कंपनियों द्वारा तकनीकी दबाव का मुकाबला करने से यूरोपीय शेयरों में गिरावट आई

(Reuters) – European shares were muted on Friday, as a slump in technology stocks following software maker SAP’s downbeat forecast was offset by gains in energy companies, which tracked oil prices higher.

The pan-European STOXX 600 index held steady at 463.72 points by 0707 GMT and was set to post a slim 0.6% gain for the week.

SAP fell 4.8% a day after the business software maker trimmed its full-year outlook for key cloud sales.

Europe’s technology sector, already the biggest decliner among major sectors this week, fell 1.6%.

Energy firms gained 0.7% as oil prices edged higher, with investors assessing chances of further stimulus from China. [O/R]

Swedish steelmaker SSAB slid 13.4% to the bottom of the STOXX 600 after reporting a bigger-than-expected drop in quarterly earnings, while Lonza dropped 7% after the Swiss contract drug manufacturer cut its full-year outlook.

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