Upbeat mood over recovery propels global shares to near record highs
Economic prospects in the short to medium term look positive despite severe pandemic in India, analyst says
06 May 2021 - 10:47
London — Shares rose to near record highs on Thursday, underpinned by a better outlook from Europe’s leading carmaker, Volkswagen, and increasing confidence in economic recovery in Germany and more widely.
The Stoxx index of 600 European companies was up 0.2% at 442.50 points, just below its record high of 443.61. The MSCI’s broadest gauge of world stocks, ACWI, was up 0.18% at 700.98 points, about 10 points short of its record high set last month...
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