European Aerospace, Luxury, Chemicals Sectors Have High Middle East Exposure -- Market Talk

Dow Jones
03/03

0725 GMT - The aerospace and defense, luxury goods and chemicals sectors are among those with the highest exposure to the Middle East in Europe, equity strategists at Citi say in a research note. Around 3% of revenue at companies included in the MSCI Europe index comes from the Middle East, in line with the U.S. and slightly above Asia's exposure, Citi says, citing FactSet data. Nevertheless, there are sectors and companies that have a significantly higher exposure to the region, the strategists say. Citi cites Italy's Saipem, Asseco Poland, France's Technip Energies, Germany's Delivery Hero and London-listed Hikma Pharmaceuticals among the companies with a major revenue exposure to the Middle East. (adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

March 03, 2026 02:25 ET (07:25 GMT)

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