2020-11-25 12:00:00
EUROPEAN INDEXES UP
REUTERS - NOVEMBER 25, 2020 - European shares held steady near nine-month highs on Wednesday as a relaxation of coronavirus restrictions in the region and growing hopes that a vaccine would soon be ready kept sentiment afloat.
The pan-European STOXX 600 index edged up 0.3%, with banking stocks rising 1.6% after a report suggested that the European Central Bank could signal a lift on a ban on bank dividends next year.
Energy stocks continued to surge as crude prices extended a rally on hopes of a quick recovery in fuel demand.
Germany and the four nations of the United Kingdom unveiled plans to allow gatherings with limitations for Christmas, while France will start easing its lockdown this weekend after a sharp drop in new infections and hospitalizations.
London’s blue-chip FTSE 100 index rose 0.4%, while France’s benchmark CAC 40 index climbed 0.4% in early trade.
In company news, Virgin Money UK dropped 4.8% after the lender reported a slump in annual profit as it took a 501 million pound ($669.54 million) impairment charge against an expected surge in bad loans.
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Earlier:
2020, November, 20, 13:20:00
EUROPEAN SHARES UP AGAIN
The pan-European STOXX 600 index rose 0.2% , on track for marginal weekly gains after signs of progress on COVID-19 vaccine pushed the index to February highs earlier this week.
2020, November, 19, 14:15:00
EUROPEAN SHARES DOWN
The pan-European STOXX 600 was down 0.9% in morning session, with growth-sensitive oil and gas, banking, mining and travel sectors falling the most.
2020, November, 16, 12:25:00
EUROPEAN SHARES UP ANEW
The pan-European STOXX 600 .STOXX rose 0.7% by 0805 GMT, with banks .SX7P and travel stocks .SXTP gaining the most.
2020, November, 9, 13:10:00
EUROPEAN STOCKS UP ANEW
The pan-European STOXX 600 .STOXX was up 1.3% by 0805 GMT, with trade-reliant German shares .GDAXI adding 1.6% as data also showed exports in Europe's largest economy rose more than expected in September.
2020, November, 5, 12:35:00
EUROPEAN STOCKS UP
the pan-European STOXX 600 index rose 1.0% to hit its highest level since Oct. 20,
2020, October, 23, 15:45:00
EUROPEAN SHARES UP
The pan-European STOXX 600 index .STOXX advanced 0.9%,
