European stocks fall as healthcare and banking sectors suffer losses

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European stocks fall as healthcare and banking sectors suffer losses via IrishTimesBiz

tightening bets from ramping up. The pan-European Stoxx 600 index fell 0.3 per cent, paring some losses from earlier in the day.Ryanair ticked up to €14.76 on back of bullish comments from chief executive Michael O’Leary about the upcoming summer season. Mr O’Leary said the airline was experiencing “very strong” forward bookings. Rival EasyJet also saw shares take flight after it told shareholders it expects to operate “near” pre-pandemic levels of flying this summer.

The FTSE 100 dropped 0.9 per cent, with Unilever, Diageo, HSBC and AstraZeneca down between 1.2 per cent and 2.6 per cent each, while the domestically focused midcap FTSE 250 index declined 0.9 per cent.

 

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