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EU Bank index highest since March

EQUITIES
  • Looking at Cash Equities, Estoxx (SX5E), trades at its highest level since 1st August
  • For Stoxx600, Retail and Media are the leading sectors.
  • For Banks , the SX7E Index has fully cleared the March SVB gap, and Investors will be keeping a close eye at the 2023 double top of 119.73, printed on 28th Feb and 6th March, this is also the highest print since May 2018.

Chart source: MNI/Bloomberg

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