Europe mostly flat premarket, euro hits 17-month high against dollar18 Jul 2023 07:04
Major stock exchanges in Europe were flat to higher in the premarket hours on Tuesday, with the Eurozone currency surging to a new peak against the US dollar, reaching its highest level since February 2022 to hit $1.12626 at 7:15 am CET.
Meanwhile, Novartis reported better-than-expected second-quarter results, with its earnings per share skyrocketing 44% in comparison to the corresponding quarter the year before.
The Euro Stoxx 50 added 0.12%. Meanwhile, London's FTSE 100, Frankfurt's DAX, and the CAC 40 were flat at 8:01 am CET.
At 7:55 am CET, the euro rose 0.15% against the greenback, trading at $1.12530.
Baha Breaking News (BBN) / AB