Last couple of blogs, I mainly focused on Price Action across Asset Classes and U.S. Stocks Sectors.

In this post, I would like to share some of the recent data for the European Equity Market. After and during a sell-off, we could identify dispersion between countries, assets and stocks among one sector. Like with the S&P 500, this strategy offers great opportunities.

For Europe, I take the STOXX 600 which is the benchmark for the European Equity Market. Even if the liquidity for the future is mainly on the Euro Stoxx 50, the STOXX 600 offers a more diversified picture.

Like with the S&P 500, the STOXX 600 sector’s classification is made out of 19 Sectors. Below find the performances for the Major European Indexes, the STOXX 600 Sectors and more details for some of those sectors.

If you would like to get a detailed spreadsheet offering the picture at the close of Wednesday the 25th of March, please send an email to:

contact@gregoiredupont.com

European Indexes

(-): Austria, Greece

(+): Denmark, Sweden, Switzerland. In local currency.

European Sectors

(-): Travel & Leisure on Coronavirus.

(+): Healthcare, Food & Beverage, Telco, Utilities… Defensive doing the work.

STOXX Europe 600 Oil & Gas EUR Price Index

(-): Oil Services underperforming sector and Majors.

(+): Renewables, Wind.

STOXX Europe 600 Automobiles & Parts EUR Price Index

(-): Renault suffering from Nissan + Management Issue.

(=): Big Auto constructors almost similarly down.

(+): Ferrari, Tyres.

STOXX Europe 600 Food & Beverage EUR Price Index

(-): ABI: Global Exposure, High level of Debt.

STOXX Europe 600 Retail EUR Price Index

(-): Dufry – Travel Exposure.

(+): Hellofresh – Home Delivery.

STOXX Europe 600 Banks EUR Price Index

STOXX Europe 600 Technology EUR Price Index

I hope it helps,

Gregoire

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