Chloe Molina 5.0 3 ideas

LVMH sales at its fashion and leather goods unit disappointed for the first quarter due to the conflict in the Middle East, which hurt consumer confidence and demand in Dubai, overshadowing progress in the US and China, making the stock likely weaker.

Publicis delivered resilient earnings for the first quarter despite the Iran war impacting business confidence, with solid organic growth and maintained full year guidance, which could reassure investors and lift the share price.

BP expects exceptional oil trading results for the first quarter as the Iran war disrupted global energy supplies, sending oil and fuel prices soaring, which will be a theme for oil majors and could extend BP's gains.