German technology stocks, such as Infineon, AIXTRON, and Siltronic, also moved higher, contributing to a 0.7% intraday increase in the broader European technology index – a clear signal of improving sentiment in this sector.
Solid performances were also recorded by automotive and luxury goods stocks. Companies like Stellantis, Porsche, and Volkswagen reported gains, while luxury brands such as Kering, Dior, and Burberry collectively recovered. This indicates growing market optimism regarding the recovery of consumer demand and the manufacturing sector. However, peripheral markets such as Greece, Morocco, and Turkey experienced slight declines, which remain constrained by geopolitical tensions and persistent inflation uncertainty.
From a strategic perspective, it remains appropriate to continue focusing on artificial intelligence and technology. Investors are encouraged to take advantage of declines to accumulate quality names in these sectors.#BinanceAlphaAlert