2020-11-24 12:25:00
EUROPEAN SHARES UP YET
REUTERS - NOVEMBER 24, 2020 - European shares gained on Tuesday as a possible easing of lockdowns in France added to a brighter mood from encouraging developments related to coronavirus vaccines.
The pan-European STOXX 600 index was up 0.8% at 0805 GMT, supported by gains in travel stocks and the oil and gas sector after global crude prices hit their highest levels since March.
France reported its lowest daily tally of COVID-19 infections since Sept. 28 on Monday, with investors now focused on a speech by President Emmanuel Macron later in the day when he may announce a relaxation of lockdown rules.
The country’s benchmark CAC 40 was up 0.9% in early trade.
Germany’s DAX rose 0.9%, with exchange operator Deutsche Boerse revealing that the blue-chip index will expand to 40 from the current 30 companies with tougher membership criteria.
Data showed Germany, Europe’s largest economy, grew by a record 8.5% in the third quarter, but the outlook remains clouded by a second wave of virus infections and a partial lockdown to slow the spread of the disease.
In company news, Phoenix Group Holdings fell 0.1% as the London-based insurer said it was assessing a range of strategic options for its European businesses.
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Earlier:
2020, November, 23, 12:35:00
EUROPEAN RENEWABLE TARGET $950 BLN
These objectives will require a total investment of close to EUR 800 billion (USD 949.5bn) between now and mid-century, the commission estimates.
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%,
