European Shares Rise on Energy Stocks, ECB Optimism

European shares rose on Thursday, supported by gains in energy stocks, while investors digested minutes of the European Central Bank’s (ECB) October meeting where policymakers were cautiously optimistic about inflation falling in the euro zone. The pan-European Stoxx 600 added 0.3 per cent, extending gains to notch a fresh two-month high. The energy sector led sectoral gains, up 1.4 per cent following two straight sessions of sharp losses.

Also lifting the benchmark index, healthcare stocks rose 0.7 per cent with Novo Nordisk gaining 1 per cent on announcing a $2.3 billion investment to boost production of its wildly popular weight-loss and diabetes drugs. Euro zone inflation is falling as expected, or even a bit faster, but the European Central Bank must keep the possibility of an interest rate hike on the table, policymakers agreed last month, according to the accounts of their October meeting. Huberman family Christmas: ‘We were lucky as kids that Christmas in our house was a fun tim

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

European shares rise as Fed rates hold boosts property and tech stocksMarkets buoyed by suggestion central banks are finished hiking rates for now
Bron: IrishTimes - 🏆 3. / 98 Lees verder »

European stocks struggle after ECB decides to press pauseDublin’s Iseq index shed close 0.8% on Thursday
Bron: IrishTimes - 🏆 3. / 98 Lees verder »

European shares hit three-week high on earnings boostIn Dublin, Flutter tumbles on back of dour earnings forecast
Bron: IrishTimes - 🏆 3. / 98 Lees verder »

European shares edge higher after strong company earningsRyanair continues to climb, while Marks & Spencer is the star performer on the FTSE 100
Bron: IrishTimes - 🏆 3. / 98 Lees verder »