European shares edge higher, AstraZeneca lifts healthcare stocks | Malay Mail

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PARIS, Feb 11 — European shares edged higher today, still on track to end the week flat, as investors kept close watch on a barrage of earnings reports from companies for clues on the pace of business recovery. The pan-European STOXX 600 index was 0.3 per cent higher in early trading, after...

The German share price index DAX graph is pictured at the stock exchange in Frankfurt July 5, 2019. — Reuters picPARIS, Feb 11 — European shares edged higher today, still on track to end the week flat, as investors kept close watch on a barrage of earnings reports from companies for clues on the pace of business recovery.

The STOXX 600 is about 5 per cent below its peak of February 2020 after a rally of about 50 per cent since it crashed in March, aided by historic monetary and fiscal stimulus. European healthcare stocks were up 0.5 per cent, while technology shares added 1.0 per cent and were among the top sectoral gainers.

Danone rose 2.9 per cent after investment company Artisan Partners demanded corporate governance and strategic changes, including separation of the French food group’s chairman and chief executive officer roles.

 

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