As expected, European stock markets opened up, driven by IT companies

The broad European Stoxx 600 index was up 0.5 percent on Wednesday morning.

For the time being, the two-day skiing seems to end on Thursday.

Europe rose especially with the power of IT companies. The industrial and healthcare sectors were also positive.

Of the sectors, only real estate and energy had a small decline.

According to market comments, technology stocks were on the rise as US restrictions on the sale of chip devices to China may turn out to be less severe than feared.

The DAX index of the Frankfurt Stock Exchange was up 0.7 percent.

There are no announcements of results today, but there are announcements in the data calendar.

From the euro area, the M3 amount of money, consumer confidence, industrial confidence and economic confidence are published during the day.

The German consumer price index will be published in the afternoon.

The US is silencing the markets globally. The national holiday of Thanksgiving in the US is keeping Wall Street closed today. On Friday, the market day will be short.

Source: www.arvopaperi.fi