🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

European shares at record high on auto stocks boost

Published 04/19/2021, 03:21 PM
Updated 04/19/2021, 03:30 PM
© Reuters.
DANSKE
-
FRVIA
-
STOXX
-
STOXXE
-
SXAP
-
SXPP
-
SXTP
-
ABNd
-

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
April 19 (Reuters) - European stocks inched higher on
Monday, extending their record-setting rally, as optimism about
a solid start to the earnings season offset a worrying
resurgence in COVID-19 cases globally.
The pan-European STOXX 600 index .STOXX rose 0.1% by 0706
GMT, its fifth day of gains, while an index of euro zone shares
.STOXXE rose 0.2% to touch its highest since September 2000.
Automakers .SXAP were the top gainers, up 0.7%, followed
by miners .SXPP and travel stocks .SXTP .
French car parts maker Faurecia EPED.PA rose 1% after its
first-quarter sales beat market expectations, helped by
particularly strong growth in China. Danske Bank DANSKE.CO slipped 1.7% as Chief Executive
Officer Chris Vogelzang resigned after the Dutch authorities
named him as a suspect in a probe into violations of
money-laundering regulations at Dutch lender ABN Amro ABNd.AS .
ABN Amro rose 3.3% after it said it had reached a
480-million-euro ($574 million) settlement with prosecutors over
money laundering allegations.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.