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European shares hold near peaks; travel stocks shine on recovery prospects | Malay Mail

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FRANKFURT, June 10 ― European stocks remained near record highs yesterday, with investors holding off on taking big bets ahead of a policy decision from the European Central Bank and a US inflation reading later this week. The pan-European STOXX 600 index closed 0.1 per cent higher, but stayed...

FRANKFURT, June 10 ― European stocks remained near record highs yesterday, with investors holding off on taking big bets ahead of a policy decision from the European Central Bank and a US inflation reading later this week.

The wider travel and leisure index rose 0.9 per cent as many European economies charted their way out of Covid-19 lockdowns. Among other main regional bourses, Germany's DAX fell 0.4 per cent and France's CAC 40 rose 0.2 per cent. Despite an economic recovery underway and price pressures rising, the ECB is likely to say that it will maintain the current pace of bond purchases at its policy meeting today.

 

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Travel, real estate stocks take European shares to fresh peaks | Malay MailBRUSSELS, June 8 — European stocks hit new highs today, lifted by travel and real estate shares, but weak German industrial output data and doubts over the United Kingdom lifting restrictions later this month capped gains. The pan-European STOXX 600 index was flat after notching a record high...
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