• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Automakers, banks lift European stocks on recovery bets

September 13, 2021 by David Barret Leave a Comment

September 13, 2021

(Reuters) – European stocks rose on Monday, with automakers, banks and oil shares driving early gains as investors counted on a strong euro zone economic recovery to outweigh global slowdown worries.

The pan-European STOXX 600 index was up 0.4%, as of 0708 GMT, recovering lost ground after hitting a three-week low last week. Asian stocks, however, slipped following news of fresh regulatory crackdown on Chinese firms. [MKTS/GLOB]

Economy-sensitive sectors including banks, automakers, oil and gas and construction and materials rose between 0.8% and 1.2%. The European Central Bank last week raised its growth and inflation projections for this year and beyond as the euro zone economy recovers quicker than expected.

German online pet supplies’ retailer Zooplus AG jumped 7.8% after Hellman & Friedman raised its takeover offer to 3.29 billion euros ($3.89 billion) from an initial offer of 3 billion euros.

Associated British Foods slipped 2.2% as quarterly sales at Primark were lower than expected, but the company raised its full-year profit outlook.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Sherry Jacob-Phillips)

Source Link Automakers, banks lift European stocks on recovery bets

David Barret
David Barret

Related posts:

  1. Factbox-Soccer-Q&A on FIFA’s plans for a biennial World Cup
  2. New Biden plan could mandate COVID shots or tests for two-thirds of U.S. workers
  3. U.S. applications to start a business fall in August
  4. Samsung decision on new U.S. chip plant location ‘imminent’ -Texas county judge

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published.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

Primary Sidebar

  • This May Be The First Known Portrait Of A Viking – And It’s A Sexually Rampant “Beard Fondler”
  • The Largest Snake In Captivity Is A Humongous 7.7-Meter Reticulated Python Called Medusa
  • Poo Power: How Animal Dung Could Unlock New Antibiotic Treatments
  • Perfectly Preserved Dinosaur Tail Found Inside 99-Million-Year-Old Amber Was Mistaken For A Plant
  • Why Aren’t Full Photos Of The Milky Way Real? A NASA Analyst Explains The Obvious
  • Freaky Ratfish Have Teeth Growing Out Of Their Foreheads, And They Use Them For Love
  • The Largest Turtle Ever Known To Have Lived Was An Absolute Unit
  • “It Literally Leapt Out Of The Rock At Us”: How Violent Storms Led To The Extraordinary Preservation Of Baby Pterosaurs
  • This Is The Reason Why Earth’s Core Exists, And It’s More Interesting Than You Might Think
  • Over 11 Million Years Of Evolution, Eyeless Cavefish Developed Blindness Independently Many Times
  • Tropical Mammoths, Dazzling Brain Map, And Perfectly Preserved Pterosaurs
  • What Is Actually In Pumpkin Spice? Spoiler: It Isn’t Pumpkins
  • Voyager 1 Launched 48 Years Ago Today, So NASA Shares Archival Footage Of Carl Sagan To Celebrate
  • Infrasound: The Noise That Travels Further Than Any Other On Earth
  • Ready, Set, Chonk: Fat Bear Week 2025 Is About To Begin. And Yes, It’s Early
  • Artificial Sweeteners Like Aspartame Linked To 1.6 Years Of Extra Brain Aging In 8-Year Study
  • The Largest Mammal To Ever Live Made African Elephants Look Incredibly Small
  • West Coast States Form New Health Alliance To Give Vaccine Advice, Saying CDC Is Now “A Political Tool”
  • Shakespeare’s Skull Is Missing
  • Is One Type Of Drinking Water Better Than Another?
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version