(Reuters) – European stocks hit a record high on Thursday as a rally in commodity prices lifted miners, while some positive earnings reports offset worries about the pace of COVID-19 vaccination in the continent.
The pan-European index inched up 0.3% in its third session of gains, with miners and travel stocks leading the rise.
UK’s commodity-heavy outperformed as a surge in metals prices lifted shares of companies such as Rio Tinto (NYSE:), Anglo American (LON:) and BHP. [MET/L]
Swiss engineering company ABB rose 3.3% after raising its full-year sales outlook.
French advertising group Publicis gained 2.6% as it returned to organic growth for the first time since before the COVID-19 pandemic.
Britain’s food delivery company Deliveroo slipped 1.5% even as its quarterly orders more than doubled in its first trading update since its underwhelming market debut last month.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.