Authorization

European Stocks Close Higher

(RTTNews) - European stocks closed higher on Monday, although the mood remained somewhat cautious with investors tracking news about coronavirus cases and the developments on Covid-19 vaccination front.

Some positive corporate news and encouraging economic data out of China too contributed to the uptick.

However, concerns about Chinese cities entering lockdown due to coronavirus outbreaks offset signs that the world's second-largest economy has picked up speed in the fourth quarter.

Restrictions on movements weighed on travel-related stocks such as those in the airline sector, and falling crude oil prices dragged down energy shares.

The pan European Stoxx 600 gained 0.2%. Germany's DAX climbed 0.44%, France's CAC 40 edged up 0.1% and the U.K.'s FTSE 100 ended 0.22% down, while Switzerland's SMI gained 0.11%.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Март 2021    »
ПнВтСрЧтПтСбВс
1234567
891011121314
15161718192021
22232425262728
293031