Gas Crisis Now Tops European Stock Traders’ Long List of Risks
- Industrials, chemicals, carmakers seen as most exposed
- Energy shares a popular hedge, renewables also finding favor
A storage tank at the gas receiving compressor station of the Nord Stream 1 natural gas pipeline in Lubmin, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
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Just when it seemed the raft of economic challenges that have haunted investors this year had been priced in by financial markets, a spiraling energy crisis in Europe is threatening to provide a fresh jolt to equity traders’ playbooks.