Connect with us

Hi, what are you looking for?

Stock

European stocks hover near record high, UK outperforms

Stock Markets51 minutes ago (Apr 07, 2021 03:20AM ET)

(C) Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt

(Reuters) – European stocks hovered near record highs on Wednesday as investors awaited data on services sector activity for the region, while optimism over speedy vaccination drives and a weaker pound helped UK equities outperform.

The pan-European STOXX 600 index fell 0.2% by 0704 GMT after closing at an all-time high of 435.26 points on Tuesday. The German DAX and France’s CAC 40 were flat.

UK’s exporter-heavy FTSE 100 gained 0.3% as a weaker pound lifted the dollar earners, while the domestically focussed midcap index inched towards a record high as Britain began the roll-out of Moderna (NASDAQ:MRNA)’s COVID-19 vaccine. (L)

Recent market debutant Deliveroo Holdings rose 2.5% to 288 pence in its first day of unrestricted trading where retail traders take part. It has shed almost 28% since last week when it priced its initial public offering at 390 pence.

Final readings of UK and euro zone March services sector activity are due later in the day, with fresh lockdowns in several countries likely to weigh on the recovery.

European stocks hover near record high, UK outperforms

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Uncategorized

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt.

Uncategorized

Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione.

Uncategorized

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum.

Uncategorized

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores.

Disclaimer: Buzzclever.com it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial or health advice. Copyright © 2021 Buzz Clever. All Rights Reserved