European stocks finished higher on Tuesday, logging another record-high closing level and maintaining an upward record-breaking rally for the seventh consecutive session. The STOXX Europe 600 index added 1.64 points or 0.35% and hit a record 472.32 points. The UK’s FTSE100 gained 0.40%, the German DAX rose by 0.16%, while …
Read More »Travel And Tourism Sectors Push European Shares to a Record Peak
European shares hit a record high Tuesday, August 10, extending gains for the seventh consecutive session, boosted by travel and leisure companies as investors welcomed reports of strong results. The STOXX 600 index of European shares rose 0.2%, hitting an all-time high of 471.67 points. The travel and entertainment sector …
Read More »European Stocks Open Week at Another Record High
European stocks finished Monday at another record-high closing level with investors closely monitoring economic indicators and earnings reports. The STOXX Europe 600 index gained 0.71 points, or 0.15%, to close at an all-time high of 470.68 points. The pan-European index has maintained an upwards trend for six consecutive trading sessions, …
Read More »European Shares Mixed With The Decline in Commodity Prices
The performance of European stocks varied in early trading, as the leading British stock index was affected by the decline in commodity prices, while other indices in the region stabilized near their recent high levels with the end of the corporate earnings season. Shares of oil companies Royal Dutch Shell, …
Read More »European Stocks Score Third Consecutive Weekly Rise
European stocks finished nearly unchanged on Friday, ending their best week since mid-March, and maintaining an upward trend for the third consecutive week. The STOXX Europe 600 index gained 0.01 points to finish at 469.97 points, a new record high. The pan-European index added 8.23 points or 1.78% for the …
Read More »European shares are falling, but they are about to record the strongest weekly performance again
European shares fell slightly on Friday ahead of an important US jobs report, but were on track to close the week higher as investors boosted confidence in the region’s economic recovery and corporate earnings growth. The pan-European Stoxx 600 index fell 0.1% in early trading after four sessions of gains …
Read More »European Stocks Close at Another Record High
European stocks continued to push higher into new record levels on Thursday, with investors monitoring economic data and earnings reports. The STOXX Europe 600 index added 1.74 points, or 0.37%, to close at 469.96 points. The pan-European index has maintained a rising trend for four consecutive sessions, breaking multiple record …
Read More »European Stocks Finish at New Record High
Europe’s stocks logged another all-time high closing level on Wednesday, supported by an improved investors’ sentiment pushed by the recent positive earnings reports. Pandemic-related concerns with the spread of the Delta variant had a lesser impact on European exchanges today, with positive economic data easing worries about economic recovery. Business …
Read More »European Stocks Close at New Record High
European stocks managed to close higher on Tuesday, with the release of some positive earnings reports by major companies, to log yet another record high closing level. The STOXX Europe 600 Index edged higher by 0.20% to finish at 465.38 points. The French CAC40 index rose by 47.91 points or …
Read More »Tech Put Pressure on European Shares And BP Jumps
Technology shares and concerns about the spread of a global delta dynasty continued to pressure European shares on Tuesday, despite encouraging results updates from companies including BP and automaker Stellantis. The pan-European Stoxx 600 index fell 0.1%, after hitting a record high in the previous session. Most Asian stocks also …
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