European stocks rise after Airbus jumps over 6%

2021-05-27 13:34:41 GMT (Economies.com)
European stocks rise after Airbus jumps over 6%

European stocks rose on Thursday, after taking a pause yesterday, rising near all-time highs thanks to improved market sentiment and signs of the eurozone economy's recovery from the pandemic, led by the travel sector after Airbus' shares jumped more than 6%.

 

The Stoxx Europe 600 index rose 0.2% as of 11:12 GMT, after closing lower by 0.1% yesterday on profit-taking for its all-time high of 447.2 points.

 

The traveling sector saw the largest gains in Europe today, with a jump of more than 1.5%, thanks to easing Covid lockdown restrictions.

 

Airbus' shares jumped more than 6%, after the company announced ambitious production plans, with a target of 64 A320 planes per month by the second quarter of 2023.

 

S&P 500 futures fell 0.2%, after closing higher by 0.2% yesterday at Wall Street amid anticipation of cues on the future of the US monetary policy.

 

Back to Europe, the Euro Stoxx 50 index rose 0.1%, France's CAC 40 rose 0.6%, and the UK's FTSE 100 rose 0.1%, while Germany's DAX index fell 0.3%.

 
 
 
  Symbol Last Change Chg.%
1.1930
0.0028
0.2332%
1.3919
0.0025
0.1814%
Tadawul
10919.68
6.62
0.06%
25.949
-0.040
0.152%
73.265
1.439
2.003%
75.56
0.32
0.43%
1775.395
-2.995
0.168%
 
 
US
 
Europe
 
Asia