European natural resources shares top performance chart

Natural resources shares were the top performing sector in Europe by some distance during April, according to Euromoney Indices.

European natural resources shares top performance chart

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Natural resources shares gained an aggregate 7.07% over the month, a long way ahead of the second best performing sector business providers, which gained 0.23% overall.

The Euromoney EMIX Europe Index comprises 642 companies across 16 European countries, including the largest 350 stocks and the most liquid 35% of European smaller companies.

The index fell by -0.31% during the month. Retail providers at -2.79% and technology companies at -2.30% were the worst performing sectors.

Greece was the top performing nation with eight companies in the index rising by an average of +8.29%, recouping some of the 15.65% lost in March.

Austrian companies rose by an average of +4.93%, while companies from Finland which lost -7.00% overall and Germany which lost -4.36% were the weakest performers over the month.

Swedish Orphan Bio was the biggest gaining company in the month at +47.2% followed by Tullow Oil +46.2%.

Outokumpu of Finland was the worst performing company at -26.9% with STMicroelectronics of France also at the bottom end of the table with an -18.1% fall. 

 

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