European shares up for fourth session on stimulus optimism

This post was originally published on this site

Germany’s DAX climbed 1.1% to hit its highest since February, while the pan-European STOXX 600 index rose 0.6%, both extending gains to a fourth straight session.

Germany and France said they were set to begin inoculating their citizens with the Pfizer-BioNtech vaccine in the last week of December, once it is approved by the European Medicines Agency.

London’s FTSE 100 was up 0.4% with eyes on a Bank of England meeting later in the day. The central bank is expected to keep its policy unchanged, awaiting the fate of a Brexit trade deal.

Shares of WPP Plc (LON:WPP) jumped 3.7% as the world’s biggest advertising firm said it expects to return to its 2019 level of net sales by 2022.

Add Comment