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Page 29 - பிரிட்டிஷ் வானெறிக்குழுப்பெயர் ஓநர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Miners, travel shares lift Europe stocks at start of busy week

3 Min Read (Reuters) - European stocks inched higher on Monday as strong metal prices boosted miners and optimism related to reopenings following coronavirus lockdowns lifted travel stocks at the start of a busy week of corporate earnings and economic data. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 23, 2021. REUTERS/Staff The pan-European STOXX 600 index rose 0.1% after it recorded its first weekly loss in eight on Friday. A 10-year high for Shanghai copper prices and a surge in other metals boosted mining shares, with Europe’s basic resources index climbing 1.3% to lead sectoral gains. [MET/L]

MARKET REPORT: Tourism shares fly after travel talk boosts hopes

Talk of freer transatlantic travel between Europe and the US boosted British Airways-owner IAG and ailing plane engine maker Rolls-Royce. The FTSE 100 groups and a host of other tourism stocks rose after Ursula von der Leyen, president of the European Commission, said on Sunday that Americans who have been vaccinated against Covid should be able to travel to Europe by the summer. This was a surprise to some, who may have thought this was too early given that the EU s own vaccine programme is lagging behind that of the US and the UK. IAG and Rolls-Royce rose after EC president Ursula von der Leyen said that Americans who have been vaccinated against Covid should be able to travel to Europe by the summer

European stocks on longest weekly winning streak in a year

European stocks on longest weekly winning streak since November 2019 By Iain Withers By Sruthi Shankar (Reuters) -European stocks were subdued on Friday, but on course for their longest weekly winning streak since November 2019 as hopes of a rapid recovery in economic growth offset doubts over the euro zone’s COVID-19 vaccination programme. The pan-European STOXX 600 index was flat after hitting an all-time high at the open, while UK’s blue-chip FTSE 100 and Germany’s DAX slipped 0.4% and 0.2%, respectively. Global sentiment was underpinned by the U.S. Federal Reserve’s pledge to keep its super-easy policy in place even as data showed the world’s largest economy kicking into higher gear.

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