Europe: Shares linger near record levels, airlines rise
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[BENGALURU] European stocks held steady near all-time highs, with investors holding off on taking big bets ahead of a policy decision from the European Central Bank and US inflation reading later this week.
The pan-European Stoxx 600 index was flat in early trading, just short of a record high of 455.66 hit in the previous session.
Airlines, including Air France KLM, Lufthansa and British Airways-owner IAG, rose more than 1 per cent after the US CDC said it was easing travel recommendations on 110 countries and territories.
Spanish retail giant Inditex rose 1.3 per cent after reporting a first-quarter net profit of 421 million euros (S$678.5 million) that easily beat analysts' expectations.
French food group Danone slipped 1.5 per cent after RBC downgraded the stock to "under perform".
REUTERS
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