Home Stocks European stocks in positive territory on vaccine hopes,

European stocks in positive territory on vaccine hopes,

by Amwal Al Ghad English
European stock markets

European stocks rebounded on Wednesday from losses in the previous session following reports of progress in developing a COVID-19 vaccine, but a mixed bag of quarterly earnings reports capped gains.

The pan-European STOXX 600 rose 0.9%, with growth-sensitive sectors such as travel & leisure .SXTP, miners .SXPP and industrial companies .SXNP leading gains.

The top gainer on the STOXX 600 was Atlantia SpA , which shot up 22.5% after the Italian infrastructure group and its unit Autostrade made the government new offers to settle their long-running dispute.

You may also like

Leave a Comment