European stocks suffer from Saudi attacks, but oil firms soar [Reuters (UK)]
Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY)
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Source: Reuters
European stocks suffer from Saudi attacks, but oil firms soar - Reuters 3 Min Read (Reuters) - European shares fell on Monday after four straight sessions of gains as attacks on crude facilities in Saudi Arabia and weak Chinese data added to worries over global growth while boosting shares in unaffected oil producers. The drone attacks on the weekend, which cut more than 5% of the global oil supply, sent crude prices soaring as much as 19% and pushed the oil & gas index .SXEP 2.4% higher, driving roughly 3% gains for majors BP ( BP.L ) and Shell ( RDSa.L ). UK and Irish-based explorer Tullow Oil ( TLW.L ) jumped 7%, to the top of Europe’s STOXX 600, after the firm said it plans to drill three or more exploration wells in Guyana next year following its second oil discovery in the country. All other major European sectoral indexes fell, with travel and leisure .SXTP the worst hit with a 1.0% slide, dragged down by shares of airlines Ryanair Holdings ( RYA.I ), Air France KLM SA
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News
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- Ryanair faces probe in Italy over anti-competitive practices [Seeking Alpha]Seeking Alpha
RYAAY
Analyst Actions
- 4/4/24 - Evercore ISI Group
RYAAY
Sec Filings
- 4/22/24 - Form 6-K
- 4/12/24 - Form 6-K
- 4/9/24 - Form SC
- RYAAY's page on the SEC website