NEW YORK, March 19 — European shares rose yesterday adding to the strong gains earlier this week, as investors focussed on Russia-Ukraine peace negotiations and digested the talks between US President Joe Biden and Chinese counterpart Xi Jinping.
“It’s been a weird week because although we still got everything going on in Ukraine, we’ve also been sort of pulled back to the normal hustle and bustle and investors do like normality,” said Danni Hewson, financial analyst at AJ Bell. “In European markets, we’re very close to the levels we’re at before the war. We’re very far from pricing a negative scenario here,” said Alexandre Deruaz, head of portfolio management at Unigestion.
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