InPost Lockers on March 16, 2017 in Warsaw, Poland.
Karol Serewis | Gallo Images | Getty Images
LONDON — European stock markets opened broadly higher on Tuesday, with some indexes hitting record highs as investors track geopolitical developments following the United States’ ouster of Venezuelan leader Nicolas Maduro.
At 1:29 p.m. in London (8:29 a.m. ET), the pan-European event Stoxx 600 was almost 0.4% higher, with most regional exchanges posting gains. The index was last seen at a record high, while Spain’s BOUQUET 35 also hit a record high early in the session after touching a record price in the previous session.
Logistics company InPost surged 24.3% to overtake the Stoxx 600 on Tuesday morning after the company announced it had received an indicative proposal for the acquisition of all of its shares. InPost noted in the statement that “there is no assurance that this will lead to a transaction.”
Global Semiconductor the names have gathered to start the yearled by the world’s largest memory chip companies, driven by continued AI-related demand. Flea-related Dutch names won: ASMI was up 4.9%, while IRON increased by 3%.
Meanwhile, shares of the Danish pharmaceutical giant Novo Nordisk jumped about 5.1%, paring earlier gains, following the launch of its Wegovy Diet Pill in USA Monday. The move allowed the stock to extend gains seen in the previous session, when it gained 5%.
European stock markets rose on Monday, and the three main US averages recovered after Maduro’s capture and after President Donald Trump’s decision. call for American energy giants to invest in this oil-rich country. Stock of 30 Dow closed at a record high on Monday.
In the meantime, European leaders rebuffed against Trump renewed interest in the annexation of Greenlandaffirming that security in the Arctic must be ensured collectively.
“The Kingdom of Denmark – including Greenland – is part of NATO,” the statement said.
Market moves suggest investors are allaying fears of greater friction this time and remaining confident in risky assets heading into the new year.
Defense stocks rose in previous sessionwith some gains extended into Tuesday’s session. Swedish combat aircraft manufacturer Saab was last seen up 6.6%.
Asian defense stocks rallied for a second straight session on Tuesday, although trade in the region was mixedinvestors weighing geopolitical risks after the United States attack on Venezuela.
— CNBC’s Pia Singh and Sam Meredith contributed to this market report.
