Market Wrap: Engineering & Construction shaped the close

🇪🇺 European equities ended the session with a late rotation into asset management and oil & gas equipment & services, though the overall tone remains cautious. The shift gained momentum after utilities diversified and engineering & construction themes started, confirming a broadening leadership. AV.L led the move, with BATS.L, TEF.MC, ACX.MC, FLOW.AS, and REC.MI also contributing to the late flow shift, which confirmed in the final hours around 04:35 ET. Next session, focus will turn to BOL.PA, FLOW.AS, AIR.PA, AMP.MI, EZJ.L, and IHG.L, where the market’s ability to sustain this rotation will be tested. The key question is whether AV.L can hold its momentum and confirm the shift with continued flow, or if the rotation remains confined to a handful of stocks. The market’s reaction in the coming days will clarify whether this late move signals a broader trend or a fleeting rotation.