Wednesday, 28 Apr 2021 09:01 AM MYT
Oil major BP rose 0.4 per cent after its first-quarter profit soared and it planned share buybacks, while Asia-focused lender HSBC gained 4.2 per cent after it reported an upbeat quarterly profit. “Ultimately, the exact timing of tapering will be a judgement call by the Fed,” Unicredit analysts said. European travel stocks shared this sentiment, surging 3.0 per cent to close at a record high. Bank stocks also ended higher on upbeat earnings, as well as support from increasing euro zone bond yields.
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