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Tech Shares Including Chipmakers and Airlines Among the Main Losers

July 22, 2023
in Trade Tube
Reading Time: 1 min read
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Weak February U.S. durable goods data and concerns about Greece’s debt crisis and the civil war in Yemen weigh on European stock indices on Thursday, with stocks falling sharply after a selloff on Wall Street. Key losers in the session include airlines International Consolidated Airlines, Lufthansa and Air France-KLM as oil prices bounce back, and tech stocks including chipmakers ARM and ASML. London Stock Exchange tumbles after Borse Dubai sell its 17.4% stake. But clothing retailer SuperGroup surges after unveiling a new strategic plan which includes an alliance with actor Idris Elba and the purchase of exclusive rights to distribute its SuperDry clothing in North America.

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