The European Stock Index has the longest range of weekly highs since November 2019


Por Sruthi Shankar e Shreyashi Sanyal

(Reuters) – The European stock index showed weakness on Friday, but recorded the longest series of weekly gains since November 2019, in the face of hopes of improving economic growth, dispelling doubts about the Kovid vaccination program-19 in the euro zone Does.

The FTSEurofirst 300 index rose 0.08% to 1,683 points, while the Pan-European STOXX 600 index rose 0.08% to 437 points after reaching record highs.

Global sentiment was also weakened by the Federal Reserve’s promise to keep monetary policy ultra-loose, with even data showing that US activity is gaining momentum.

London shares hit record highs internally with the Midcap index this week, as the UK emerged from a drastic lockdown.

According to an estimate by Refinitiv IBES, investors will begin focusing on the United States earnings season next week, with the expectation that the profits of the S&P 500 companies will increase by 25% in the first quarter.

In London, the Financial Times fell 0.38% to 6,915 points.

In FRANKFURT, the DAX index rose 0.21% to 15,234 points.

In PARIS, the CAC-40 index rose 0.06%, to 6,169 points.

At MILAN, the Ft / Mib index fell 0.60% to 24,429 points.

In MADRID, the Ibex-35 index declined by 0.83% to 8,565 points.

In LISBOA, the PSI20 index dipped 0.25% to 5,017 points.

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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