European shares hold ground as AstraZeneca drags, tech shares rise
Tue, Sep 10, 2024 2:08 PM

European shares hold ground as AstraZeneca drags, tech shares rise

A Flip by Avya Verma
Get it on Google Play
European shares were flat on Tuesday, after a 1% jump in the previous session, as investors parsed through a mixed set of economic data while awaiting a widely expected ECB rate cut later in the week. The pan-European STOXX 600 index was holding its ground at 510.40 points at 0715 GMT. AstraZeneca was the biggest drag, sliding 5% after detailed study results showed its experimental lung cancer.

More great flips

Scanpoint Geomatics stock jumps; gains nearly 12% in one week

Scanpoint Geomatics stock jumps; gains nearly 12% in one week

Scanpoint Geomatics share price jumped over 3% on Friday, extending its gaining streak for the fifth consecutive session. Scanpoint Geomatics shares rose as much as 3.64% to ₹9.95 apiece on BSE. The small-cap stock surged nearly 12% in one week. Scanpoint Geomatics is a BSE-listed small-cap company in the IT services and software company.

Open Flip
R Systems stock skyrockets 10% after 8% equity changes hands

R Systems stock skyrockets 10% after 8% equity changes hands

Shares of R Systems International zoomed over 10 percent on October 4, the highest in 14 weeks after 8 percent equity, equivalent to 1 crore shares of the company changed hands in the block deal window. Moneycontrol could not immediately identify the parties involved in the transaction. Regardless, the block deal tipped off a spike in trading volumes in the counter.

Open Flip
Investec remains bullish on Cipla, forecasts 12-13% growth in India pharma

Investec remains bullish on Cipla, forecasts 12-13% growth in India pharma

Investec maintains a bullish stance on Cipla, expecting 12-13% sales growth in the Indian pharma market and clearance of its Goa plant by the US FDA in a few months, paving the way for the production of Abraxane, a key drug in Cipla's pipeline. Investec retains its 'buy' call with a price target of Rs 1,900, implying a 15% upside potential.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon