Continental Shares Rise on Outlook Reassurance

Continental's shares experienced a notable increase following the company's reaffirmation that its full-year targets remain attainable. This comes despite current difficulties in the car market and specific challenges within its ContiTech division. Share prices saw a 6.6% rise during midday trading in Europe, reaching 59.44 euros. However, it's worth noting that the company's shares are still down by 23% for the year so far.