March 16, 2017, InPost locker in Warsaw, Poland.
Karol Serewis | Gallo Images | Getty Images
LONDON—European stock markets ended mostly higher on Tuesday, with some indexes hitting record highs as investors tracked geopolitical developments after the U.S. ouster of Venezuelan leader Nicolas Maduro.
pan-european Stocks 600 Most local stock exchanges rose, ending the day 0.6% higher. The index was last seen trading at all-time highs, but Spain’s ibex 35 The stock rose to a record high in early trading after touching a record price in the previous session.
logistics company impost Shares rose 26.8% on the day, topping the Stoxx 600 at the close after the company announced it had received an indicative offer to acquire all of its shares. “There is no guarantee that this will result in a transaction,” Impost said in a statement.
Continuing to be driven by AI-related demand, semiconductor companies from around the world have gathered since the beginning of the year, led by the world’s largest memory chip company. Chip-related names in the Netherlands include: ASMI It ended 7.8% higher. Beshi Added 4.7%.
Meanwhile, shares in Danish pharmaceutical giant Novo Nordisk closed up almost 5% on Monday, compared with earlier gains, following the launch of its weight loss drug Wigoby in the United States. The move further extended the stock’s gains seen in the previous session, where it was up 5% in the previous session.
Meanwhile, European leaders pushed back against President Trump’s renewed interest in annexing Greenland, saying Arctic security must be achieved collectively.
“The Kingdom of Denmark, including Greenland, is part of NATO,” the statement said.
Market movements suggest investors have calmed fears of greater friction this time around and remain confident in risk-on assets as the new year begins.
Defense stocks rose in premarket trading, with some extending their gains into Tuesday’s trading. Swedish fighter jet maker Saab rose 6.6%.
Asian defense stocks rose for a second straight day on Tuesday despite mixed trading in the region as investors assessed geopolitical risks following the US attack on Venezuela. In the United States, Dow Jones Industrial Average It led gains in intraday trading, rising almost 0.5%.
—CNBC’s Pia Singh and Sam Meredith contributed to this market report.
