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2020-11-16 12:25:00

EUROPEAN SHARES UP ANEW

EUROPEAN SHARES UP ANEW

REUTERS - NOVEMBER 16, 2020 - European shares rose on Monday, hovering near their nine-month highs, as strong China data and hopes of a COVID-19 vaccine renewed bets for a quicker economic recovery.

China’s factory output rose faster than expected in October and retail sales surged as the recovery in the world’s second-largest economy from its COVID-19 slump gathered momentum.

The pan-European STOXX 600 .STOXX rose 0.7% by 0805 GMT, with banks .SX7P and travel stocks .SXTP gaining the most.

Vodafone Group VOD.L, the world's second-largest mobile operator, gained 2.6% after it said it was increasingly confident about its full-year performance following a "resilient" first-half, despite underlying momentum being obscured by the impact of COVID-19.

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Earlier:

EUROPEAN SHARES UP ANEW
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 ANEW
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 ANEW
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 ANEW
2020, October, 23, 15:45:00
EUROPEAN SHARES UP
The pan-European STOXX 600 index .STOXX advanced 0.9%,
EUROPEAN SHARES UP ANEW
2020, October, 21, 16:40:00
EUROPEAN ECONOMY WILL DOWN BY 7%
The European economy is projected to contract by 7 percent in 2020 and rebound by 4.7 percent in 2021.
EUROPEAN SHARES UP ANEW
2020, October, 19, 14:25:00
EUROPE RENEWABLE ENERGY 23%
The EU-27 is projected to reach a share of renewable energy between 22.8% and 23.1% in gross final energy consumption in 2020.
EUROPEAN SHARES UP ANEW
2020, October, 16, 12:45:00
EUROPE'S SHARES UP
The pan-European STOXX 600 .STOXX rose 0.8% about an hour after the open.
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Tags: EUROPE, SHARES, STOCKS, INDEXES, BONDS