Shares dip, cyber outage in focus
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com
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)
*****
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
