Most European stock indexes rise on Monday following futures for US indices, recovering from a decline following the results of the past week. The composite index of the largest companies in the region Stoxx Europe 600 by 12:04 Moscow time increased by 0.26% and amounted to 432.24 points. The German DAX index is growing by 0.51%, the British FTSE 100 – by 0.64%, the Spanish IBEX – by 0.52%. Meanwhile, France’s CAC 40 is down 0.21% and Italy’s FTSE MIB is down 1.2%. Money.it explains the sharp decline in the Italian index by the fact that shareholder registers of a number of large Italian companies, including Eni, Intesa Sanpaolo, Assicurazioni Generali, Pirelli and Moncler, are closed on Monday. May to 93 points from 91.9 points in April, despite concerns about inflation and the situation in Ukraine. Experts polled by Trading Economics predicted a decline to 91.4 points on average, analysts polled by FactSet expected an even stronger decline, to 91.2 points. Also this week the attention of investors will be riveted to the economic forum in Davos. Wednesday is expected to publish the minutes of the May meeting of the Federal Reserve System (Fed). Shares of Siemens Energy rose 0.3% on news that the German power equipment maker made an offer to buy out all the shares of its wind turbine maker Siemens Gamesa Renewable Energy SA. Siemens Gamesa jumped 6.5%. Capitalization of the British retailer Kingfisher is growing by 1.9% after the company reported strong sales growth in the first quarter and confirmed its full-year forecast. Among the growth leaders among the components of the Stoxx Europe 600 index, in addition to Siemens Gamesa, are shares of the Swiss biopharmaceutical company Idorsia Ltd. (+6.5%), as well as the Polish insurance company Powszechny Zaklad Ubezpieczen (PZU) (+4.7%). The most active declines in the Stoxx 600 are shown by the shares of Swiss Vifor Pharma (-5.3%), British Intertek Group Plc, engaged in the provision of independent examination services (-4.6%), and Norwegian IT company Adevinta ASA (-4.4%). ). Source: FINMARKET.RU

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