European shares rise on recovery hopes, tech stocks power ahead | Malay Mail

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BRUSSELS, Feb 2 — European shares rose today as investors were hopeful of a faster economic recovery, while technology shares gained after French IT consulting group Atos ended talks of a potential takeover of US rival DXC Technology. Shares in Atos SE gained 2.8 per cent after the firm said it...

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 5, 2019. — Reuters pic

The European technology sector rose 1.3 per cent, while the STOXX 600 index gained 1.2 per cent. All of Europe’s major sector indexes were in positive territory in the first hour of trading. “Markets are inclined to look through a difficult situation and climb higher on the combination of vaccines, fiscal stimulus and central banks sticking to their very accommodative monetary policies,” said Russ Mould, investment director at AJ Bell.

 

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