Europe: Shares up for fourth session on stimulus optimism
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[LONDON] European shares remained at 10-month highs on Thursday, as hopes of more stimulus in the United States and potential Covid-19 vaccine rollouts in Europe strengthened the case for a global economic recovery.
Germany's DAX climbed 1.1 per cent to hit its highest since February, while the pan-European STOXX 600 index rose 0.6 per cent, both extending gains to a fourth straight session.
Germany and France said they were set to begin inoculating their citizens with the Pfizer-BioNtech vaccine in the last week of December, once it is approved by the European Medicines Agency.
London's FTSE 100 was up 0.4 per cent with eyes on a Bank of England meeting later in the day. The central bank is expected to keep its policy unchanged, awaiting the fate of a Brexit trade deal.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
