Daily Report 05.07.2022
Објавено: 05. 07. 2022

European markets close higher as oil and gas stocks lead gains; Uniper shares fall 27% 
The pan-European Stoxx 600 index provisionally closed up by 0.6%, with oil and gas stocks jumping 4.1% to lead gains as most sectors and major bourses traded in positive territory. Tech stocks bucked the upward trend to fall 1%. 
In terms of individual share price movement, oil and gas firms Harbour Energy, Shell and BP all rose nearly 5% to lead the European blue-chip index amid a broad rally for energy stocks. 
At the opposite end, Uniper tanked over 27% to the bottom of the Stoxx 600 after reports that the German government is weighing a state bailout of the utilities firm to stem the impact of Russia reducing gas supplies to Europe. 
Central bank action returns to the fore this week. The Bank of England publishes its latest biannual Financial Stability Report on Tuesday, before the U.S. Federal Reserve releases the minutes from its latest Federal Open Market Committee meeting on Wednesday and the European Central Bank publishes accounts of its latest monetary policy discussion on Thursday. 
Source: CNBC, Investing.com