Market Report - Europe Close
European shares slipped at the end of the week dragged down by Travel and Leisure names, amid mounting Covid-19 case counts in many countries, especially in Eastern Europe and Italy.
European shares were mostly higher on Thursday reversing early losses triggered by worries over rising government bond yields on both sides of the Atlantic.
European shares finished on a mixed note on Wednesday as investors eyed new budget measures from the UK to help power the post Covid-19 pandemic recovery and shrugged off a survey that suggested the Eurozone might be in recession.
European shares finished the session on a mixed note, creeping into positive territory after a cautious start to the session as Asian shares fell overnight.
European shares started March on a strong note as the bond market sell off eased with yields falling, while investors also took heart from Covid vaccine rollouts, although inflationary fears persisted.
European shares finished lower on Friday as rising bond yields and fears of higher interest rates sent investors running for cover.
European shares slipped on Thursday as investors remained cautious amid inflationary concerns, despite a deluge of corporate news and takeover speculation around UK packaging firm DS Smith.
European shares finished higher on Wednesday as stronger-than-expected German economic growth drove gains, investor sentiment was still tempered by inflationary fears.
European shares finished on a mixed note on Tuesday, as disappointing company earnings in Germany pulled the continent’s benchmark index lower.
European shares finished lower at the start of the week, although gains for cyclicals helped to offset weakness in the more interest rate-sensitive areas of the market.
European shares extended their gains on Friday as surveys showed sentiment in the Eurozone picked up as Covid-19 vaccines raised hopes about an economic revival.
European shares performed poorly on Thursday as corporate results from aviation heavyweight Airbus dampened investor sentiment.
European shares finished lower as concerns that higher near-term inflation and rising government bond yields might eventually sap the strength in equities, although not all analysts were of that view.
European shares were listless on Tuesday following the sharp gains seen in the previous session on the back of economic recovery hopes and the long-awaited US stimulus package.
European shares extended gains pushed ahead in a big way at the start of the week, fuelled by the prospect of further fiscal stimulus in the States and for the rollout of vaccines.
European stocks finished moderately higher on Friday as investors continued to hold out hope for progress on US stimulus measures.
European shares were mostly higher on Thursday as investors cheered US central bank chief Jerome Powell's decision overnight to reiterate the Federal Reserve's commitment to buttressing economic growth.
European shares slipped on Wednesday as investors looked for direction on US stimulus measures and the pace of vaccine rollouts across the continent.
European shares finished on a mixed note on Tuesday as investors booked profits following the rally seen during the last few days, driven by vaccine roll-outs and hopes the US Covid-19 relief package would make swift progress through Congress.
European shares started the second week of February higher amid continuing optimism over the odds of the US Covid stimulus package successfully navigating Congress.