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China and Greece Dominate Market Sentiment, But Eyes Are On Supermarkets North and South

July 6, 2023
in Trade Tube
Reading Time: 1 min read
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Continued uncertainty over Greek debt plummeting Chinese stocks helped unsettle European markets this morning. European leaders say there must be a solution for Greek crisis this weekend, but toss ball back to finance ministers. Private equity backed auto rentals company Europcar hits a pothole on first day of trading on the Paris exchange, after raising $532 million of new money and another $452 million for its private equity investors. But its share slumps 3.3% below its offering price of €12.25 a share. In Australia retailer Woolworths rises nearly 4% on talk of a possible offer by KKR. In London supermarket Tesco rises despite seeing sales slide.

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