The Business Times
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Europe: Shares rise as investors shake off virus, inflation fears

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Published Thu, Jul 1, 2021 · 07:18 AM

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    [BENGALURU] European shares rose on Thursday as investors focused on signs of a steady economic recovery, shaking off growing concerns around a jump in inflation as well as the global spread of the Delta variant of the coronavirus.

    The pan-European Stoxx 600 was up 0.6 per cent after ending Wednesday with its fifth straight quarter of gains. Germany's DAX also jumped 0.6 per cent as data showed retail sales in Europe's biggest economy rebounded in May.

    REUTERS

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