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European shares rebound on strong earnings, M&A speculation boosts Hugo Boss | Malay Mail

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FRANKFURT, April 22 ― European stocks bounced back yesterday after their worst sell-off this year as optimism about a strong earnings season countered worries about a rapid rise in Covid-19 cases in some countries. The pan-European STOXX 600 index rose 0.7 per cent after a blistering seven-week...

Thursday, 22 Apr 2021 08:17 AM MYT

Healthcare stocks gave the STOXX 600 its biggest boost, with Swiss drugmaker Roche jumping 3 per cent after predicting a surge in demand for its drugs for the remainder of 2021. With global equities trading at all-time highs and earnings expectations surging as vaccination drives and stimulus programmes support global recovery, concerns about stretched valuations remain.

 

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Europe stocks post worst day of the year; Tobacco firms weigh | Malay MailFRANKFURT, April 21 ― European shares lost nearly 2 per cent yesterday, after hitting record highs a day earlier, as tobacco companies weighed on London stocks and many regional indexes edged off pre-pandemic highs. British American Tobacco and Imperial Brands fell more than 7 per cent each...
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