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2021-02-16 12:15:00

EUROPEAN INDEXES UP ANEW

EUROPEAN INDEXES UP ANEW

REUTERS - FEBRUARY 16, 2021 -  European shares hovered near one-year highs on Tuesday as investors held out for a bumper U.S. stimulus package to drive global economic growth, while Glencore led a rally among mining stocks following an upbeat trading update.

The pan-European STOXX 600 was up 0.2% by 0802 GMT, after jumping 1.3% in the previous session to its highest level since February 2020. The index is about 14% below its all-time high.

Glencore jumped 3.3% after reinstating its dividend, while BHP Group rose 0.3% as the world’s largest listed miner posted its best first-half profit in seven years and declared a record interim dividend.

The European mining index jumped 1.5% to its highest level since July 2011.

Investor focus will shift to a flash reading of the euro zone’s fourth-quarter GDP estimate later in the day, with Reuters economists expecting the economy to have contracted 5.1% year-on-year.

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Earlier:

EUROPEAN INDEXES UP ANEW
2021, February, 2, 12:10:00
EUROPEAN INDEXES UP
The European technology sector rose 1.4%, while the STOXX 600 index gained 0.8%.
EUROPEAN INDEXES UP ANEW
2021, January, 29, 14:15:00
EUROPEAN INDEXES DOWN AGAIN
The benchmark STOXX 600 index dropped 1.6% in early trading
EUROPEAN INDEXES UP ANEW
2021, January, 28, 12:45:00
EUROPEAN INDEXES DOWN ANEW
The pan-European STOXX 600 fell 1.9%, turning negative for the year
EUROPEAN INDEXES UP ANEW
2021, January, 27, 14:00:00
EUROPEAN INDEXES DOWN
European share indexes opened in the red. The STOXX 600 was down around 0.3% on the day
EUROPEAN INDEXES UP ANEW
2020, December, 24, 13:25:00
EUROPEAN STOCKS UPDOWN
The pan-European STOXX 600 index climbed 0.2%,
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Tags: EUROPE, INDEXES, SHARES, STOCKS, BONDS