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2020-11-20 13:20:00

EUROPEAN SHARES UP AGAIN

EUROPEAN SHARES UP AGAIN

REUTERS - NOVEMBER 20, 2020 - European stocks edged higher on Friday as gains in retail and oil shares offset worries about U.S. politics and an impasse over fresh stimulus measures to support a pandemic-stricken global economy.

The pan-European STOXX 600 index rose 0.2% by 0815 GMT, on track for marginal weekly gains after signs of progress on COVID-19 vaccine pushed the index to February highs earlier this week.

Global mood remained subdued after U.S. Treasury Secretary Steven Mnuchin said key pandemic lending programs at the Federal Reserve would expire on Dec. 31, putting the outgoing Trump administration at odds with the central bank.

UK’s FTSE 100 found some support as retail sales bounced in October and British health minister said there were encouraging signs that virus cases were starting to flatten.

The retail index rose 0.8% to lead sectoral gains, followed by oil and gas as well as travel and leisure stocks.

Italy’s BPER Banca rose 3.1% after the top investor in the bank threw its weight behind the idea of a merger with rival Banco BPM. 

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Earlier:

EUROPEAN SHARES UP AGAIN
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.
EUROPEAN SHARES UP AGAIN
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.
EUROPEAN SHARES UP AGAIN
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.
EUROPEAN SHARES UP AGAIN
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,
EUROPEAN SHARES UP AGAIN
2020, November, 3, 13:10:00
EUROPEAN SHARES UP
The pan-European STOXX 600 index .STOXX rose 1.3% on a second day of robust gains
EUROPEAN SHARES UP AGAIN
2020, October, 30, 13:45:00
EURO GDP UP 12.7%
Eurostat said gross domestic product in the 19 countries sharing the euro surged 12.7% quarter-on-quarter in the July-September period after a 11.8% contraction in the previous three months.
EUROPEAN SHARES UP AGAIN
2020, October, 23, 15:45:00
EUROPEAN SHARES UP
The pan-European STOXX 600 index .STOXX advanced 0.9%,
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Tags: EUROPE, SHARES, STOCKS, INDEXES, BONDS