Europe: Stocks take a breather as tech, healthcare weigh

"We find the year-to-date underperformance of the European banks, and the ECB actions, have created a compelling trading opportunity to buy," KBW analysts wrote in a client note.

"We see scope for further upside if economic normalisation continues, governments in major economies do not need to reimpose lockdowns, and central bank policy remains loose," noted Mark Haefele, chief investment officer of Global Wealth Management at UBS.Oil majors Royal Dutch Shell, BP and Total rose between 0.7 per cent and 3 per cent as crude prices climbed after major producers agreed to extend a deal on record output cuts.

Shares in travel and leisure stocks Carnival, Lufthansa and CineWorld rose between 8 per cent and 9 per cent, topping gainers on the Stoxx 600.

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Hong Kong: Stocks start week with fresh gains[HONG KONG] Hong Kong stocks kicked off Monday with another rally after US jobs data smashed expectations, fuelling hopes for an economic recovery from lockdowns. Read more at The Business Times.
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SE Asia Stocks-Keep rally going as U.S. jobs data lifts recovery hopesREUTERS
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