3 Hours Ago
Stocks on the move: Oci up 5%, Frontline down 2.5%
Shares of Dutch chemical and fertilizer manufacturer OCI traded at the top of the Stoxx 600 in early deals, rising 5%, after announcing on Monday that it would sell its stake in Iowa Fertilizer Company to Koch AG & Energy Solutions for $3.6 billion.
On the other end, Frontline fell 2.7%, leading losses for shipping companies as investors weighed up the impact of a suspension of Red Sea routes.
— Karen Gilchrist
4 Hours Ago
Europe markets open higher
European markets opened marginally higher Tuesday.
The pan-European Stoxx 600 rose marginally in early deals, with the majority of sectors trading in positive territory. Financial services stocks gained 0.7%, while oil and gas fell 0.7% on the back of Red Sea shipping concerns.
5 Hours Ago
Here are the opening calls
Britain’s FTSE 100 is seen around 2 points higher at 7,619,…
