Technology companies benefited from a partial rebound in risk appetite at the opening bell at Europe's biggest stock exchanges on Thursday, followed closely by builders and real estate developers. Commodity and energy producers were under pressure, following a slump in crude oil and amid a decline in prices of precious metals.
Market watchers were still measuring reactions to the decision of United States President Donald Trump to recognize Jerusalem as the capital of Israel, while focus was gradually shifting to the congress of the Social Democratic Party of Germany (SPD). The event comes ahead of the start of crucial talks with Chancellor Angela Merkel about a potential renewal of cooperation with her bloc.
The FTSE 100 was just 0.03% in the red after the first transactions. Sky rallied 2% to the top of the performance list, and Anglo American was at the other end, losing 2.25%. The French CAC 40 ticked 0.09% to positive territory, led by STMicroelectronics' surge of 1.3%, against a rise of 0.21% in the DAX. The best constituent of the index in Frankfurt was Linde, which jumped 1.46%. Gold was 0.49% down at 9:15 am CET, selling for $1,258.45 per ounce.
