3 Min Read
(Reuters) -European shares rose on Tuesday on hopes of a faster economic recovery, with some upbeat economic growth data and encouraging outlook on big names such as Airbus and LVMH putting a pan-regional index on course to erase last week’s hefty losses.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 2, 2021. REUTERS/Staff
Europe’s STOXX 600 index closed higher for a second straight session, up 1.3% on broad-based gains after losing over 3% last week on concerns around the slow rollout of COVID-19 vaccines in the euro zone.
Preliminary data on Tuesday showed the euro zone economy contracted by less than expected in the fourth quarter of 2020 as large economies Germany and Spain still managed slight expansions.
3 Min Read
(Reuters) -European shares rose on Tuesday on hopes of a faster economic recovery, with some upbeat economic growth data and encouraging outlook on big names such as Airbus and LVMH putting a pan-regional index on course to erase last week’s hefty losses.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 2, 2021. REUTERS/Staff
Europe’s STOXX 600 index closed higher for a second straight session, up 1.3% on broad-based gains after losing over 3% last week on concerns around the slow rollout of COVID-19 vaccines in the euro zone.
Preliminary data on Tuesday showed the euro zone economy contracted by less than expected in the fourth quarter of 2020 as large economies Germany and Spain still managed slight expansions.
3 Min Read
(Reuters) -European shares rose on Tuesday on hopes of a faster economic recovery, with some upbeat economic growth data and encouraging outlook on big names such as Airbus and LVMH putting a pan-regional index on course to erase last week’s hefty losses.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 2, 2021. REUTERS/Staff
Europe’s STOXX 600 index closed higher for a second straight session, up 1.3% on broad-based gains after losing over 3% last week on concerns around the slow rollout of COVID-19 vaccines in the euro zone.
Preliminary data on Tuesday showed the euro zone economy contracted by less than expected in the fourth quarter of 2020 as large economies Germany and Spain still managed slight expansions.
European stocks close higher on recovery hopes; GameStop jitters ebb; BP down 4.5% CNBC 2/02/2021 Elliot Smith
European markets are focused on coronavirus developments and hopes that the EU will soon receive more vaccine supplies.
BP reported a weaker-than-expected full-year net loss, its first for a decade, after a tumultuous 12 months for oil and gas.
The euro zone economy dropped by 0.7% in the final quarter of 2020 as governments stepped up social restrictions, data showed.
LONDON European stocks closed higher on Tuesday amid investor optimism for a post-pandemic recovery, while fears over a speculative retail trading frenzy in the U.S. waned.
The pan-European Stoxx 600 ended Tuesday s session up by 1.3%, with travel and leisure shares climbing 3.2% to lead gains as all sectors apart from basic resources and telecoms held in positive territory.
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Fresenius SE & Co. KGaA / Key word(s): Forecast
Fresenius SE & Co. KGaA: Excess mortality of dialysis patients impacts Group net income in FY/21
01-Feb-2021 / 22:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Fresenius SE & Co. KGaA: Excess mortality of dialysis patients impacts Group net income in FY/21
Current Group expectations for FY/21
Based on the current status of the Group s financial planning process and assuming that the current burdens and constraints caused by the COVID-19 pandemic only begin to recede in the second half of the year, Fresenius targets healthy sales growth