Europe lowest levels since March, as concerns grow that the war between Israel and Hamas morphs into a wider conflict. TheFTSE100has had an abysmal last 3 days seeing a peak to trough move of over 275 points from this week’s highs, or a decline of over 3%, and is closing in on its October lows below 7,400. The FTSE250 has fared little better sliding to one-year lows.
23bn, but also projected a positive outlook, forecasting a 10% rise in 2024 revenue growth, pushing the shares higher in early trade. We’ve seen the equivalent of a mass coronal ejection on solar stocks today after SolarEdge Technologies reported a big miss on Q3 sales, citing mass cancellations and delays from European distributors. Enphase Energy, First Solar, Sunrun, SunPower all seeing big falls.
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