European stocks rally on apparent climb down on NATO by Ukraine's president
European stocks rallied at the start of trade on Wednesday, buoyed by an interview from Ukraine’s president in which he appeared to make major concessions.
Gainers included BNP Paribas BNP, +8.80%, Adidas ADS, +8.14% and Deutsche Post DPW, +7.48%. Adidas set out optimistic guidance for 2022, including a return to growth in China. Deutsche Post announced a new share buyback as it guided for a steady profit excluding the impact of the conflict in Eastern Europe.
U.K. Prime Minister Boris Johnson this week said Ukraine had no “serious prospect” of NATO membership. Russia’s and Ukraine’s foreign ministers are due to meet Thursday in Turkey.
France Dernières Nouvelles, France Actualités
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