European stocks rose on Thursday with mixed performance among luxury goods and technology shares.

汇通财经2026/06/04 08:20

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⑴ European stocks rose in Thursday trading, with the STOXX 50 index up 0.5% and the STOXX 600 index up 0.4%, supported by a slight decline in oil prices and improved market expectations for a broader agreement with Iran. ⑵ Market sentiment was boosted after the United States stated that Israel and Lebanon had agreed to a ceasefire, provided that Hezbollah also stopped hostile actions. LVMH rose 2.0%, L'Oréal gained 1.5%, Hermès was up 1.9%, and SAP rose 3.6%. ⑶ B&M European Value advanced 6.5%, posting gains for a second consecutive session and leading the STOXX 600 index; Puma gained 5.9% and Capgemini was up 5.4%, also among the top performers. ⑷ Meanwhile, tech and AI-related stocks came under pressure due to the weaker outlook from US chipmaker Broadcom. ASML fell 0.2% and Infineon was down 2.8%.

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Malaysia’s EPF raised its direct stake in Pavilion Real Estate Investment Trust via an acquisition of 1,449,500 units on Oct. 5, 2026. Holding rose to 522,094,947 units, equal to 13.28% voting interest. Notice was dated Oct. 6, 2026. The issuer received it on Oct. 8, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pavilion Real Estate Investment Trust published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3713220) on October 08, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/08 09:33