Thursday, 22 Apr 2021 08:17 AM MYT
Healthcare stocks gave the STOXX 600 its biggest boost, with Swiss drugmaker Roche jumping 3 per cent after predicting a surge in demand for its drugs for the remainder of 2021. With global equities trading at all-time highs and earnings expectations surging as vaccination drives and stimulus programmes support global recovery, concerns about stretched valuations remain.
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Europe stocks post worst day of the year; Tobacco firms weigh | Malay MailFRANKFURT, April 21 ― European shares lost nearly 2 per cent yesterday, after hitting record highs a day earlier, as tobacco companies weighed on London stocks and many regional indexes edged off pre-pandemic highs. British American Tobacco and Imperial Brands fell more than 7 per cent each...
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