Wednesday, 21 Apr 2021 06:18 PM MYT
Some analysts pointed to concerns over the strength of a global economic recovery after India’s mounting coronavirus crisis and a global spike in Covid-19 cases. European earnings are expected to have risen a record 61 per cent in the first quarter of 2021, Refinitiv IBES data showed, placing Europe on course for a rare outperformance versus corporate America.
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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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