European Stocks Post Weekly Gains

The video discusses recent trends in the stock market, highlighting a consecutive rise in stocks and the anticipation of Fed Chair Janet Yellen's speech. It covers Royal Philips' significant IPO, marking a shift in its business focus. The steel industry sees positive earnings forecasts, with notable companies like Arcelor Mittal experiencing gains. The currency market analysis focuses on sterling's performance, showing a rebound due to improved polling for the remain camp.

What was the stock market's performance trend mentioned in the video?

• Stocks fell for the third consecutive week.

• Stocks remained unchanged.

• Stocks rose for the fourth consecutive day.

• Stocks fell for the fourth consecutive day.

How much did Royal Philips raise in its IPO?

• 500 million euros

• 1 billion euros

• 750 million euros

• 2 billion euros

What was the initial share price of Philips Lighting in the IPO?

• €20

• €18

• €25

• €22

Which company had its price target raised to €34?

• Royal Philips

• Bloomberg

• Arcelor Mittal

• Voestalpine

What was the performance of the British pound according to the video?

• It remained stable.

• It fell by 10%.

• It was the best performing major currency.

• It was the worst performing currency.