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LIVE MARKETS-STOXX rises on easing trade tensions, Q1 results mixed

ReutersApr 25, 2025 8:33 AM

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STOXX RISES ON EASING TRADE TENSIONS, Q1 RESULTS MIXED

Europe's STOXX 600 .STOXX is adding 0.4% on Friday, putting it on track for a weekly gain of 2.8% as aerospace and defence names lead gains while telecoms are providing a drag.

Traders are digesting the latest U.S.-China trade developments after news that China granted some exemptions on U.S. imports from its 125% tariffs.

On specific stocks, British transport company Mobico MCG.L is the UK's biggest faller, shedding 25% after saying it will sell its North America school bus unit for up to $608 million.

Meanwhile shares in Dutch speciality chemicals maker IMCD IMCD.AS are a top riser in Europe, up 6.2% after some solid Q1 results, and fertiliser maker Yara International is also near the top of the index, up over 6% after an ebitda beat.

On the flipside, French tech consulting and engineering services company Alten > is down 10.5% after it released Q1 results after the close on Thursday.

Shares in Swedish property platform operator Hemnet HEM.ST are dropping 8.7% after the company posted Q1 results below expectations.

(Lucy Raitano)

FOR FRIDAY'S OTHER LIVE MARKETS POSTS

EUROPE BEFORE THE BELL: FUTURES TICK UP AS TRADERS EYE EASING US-CHINE TENSIONS CLICK HERE

FOCUS ON EARNINGS WHILE US AND CHINA QUIBBLE CLICK HERE

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