Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Indexes
  3. Switzerland
  4. Switzerland
  5. Euro Stoxx 50
  6. News
  7. Summary
       EU0009658145

EURO STOXX 50

Delayed Quote. Delayed Switzerland - 01/24 11:50:00 am
4054.36 PTS   -4.14%
After hours
1.76%
4125.53 PTS
12:37pEURO STOXX 50 Index Ends 4.14% Lower at 4054.36 -- Data Talk
DJ
10:00aTRACKINSIGHT : European Markets ETFs investors spooked by latest PMI Data
TI
06:42aEuropean Bourses Sag Midday In Tech Rout
MT
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

European shares end week higher as Pfizer pill lifts travel stocks

11/05/2021 | 12:08pm EST
A stock market operator Euronext's universal analyst works in the market services surveillance room center at the new Euronext headquarters at La Defense business and financial district in Courbevoie near Paris

(Reuters) -European equities wrapped up another week of gains on Friday, led by advances in travel stocks after a positive update from U.S. drugmaker Pfizer on its pill for COVID-19 and amid persistent optimism about earnings season.

The pan-European STOXX 600 ended flat, but clocked 1.7% in weekly gains, its fifth consecutive week in the green.

European travel stocks jumped 1.4% as investors across the globe cheered Pfizer Inc's trial of an experimental antiviral pill for COVID-19, which was shown to cut risk of developing severe disease by 89%.

The news lifted shares of Swiss duty free retailer Dufry by 10.1%, to its best day since November 9, 2020, while also pushing down shares of AstraZeneca.

"Today's news out of the U.S. that Pfizer has developed a COVID-19 pill, which is 89% effective in preventing hospitalisation, may well be weighing on the AstraZeneca share price a touch, but it has pretty much turbo-charged the airlines and hospitality sector," said Michael Hewson, chief market analyst at CMC Markets.

Dovish moves by the U.S. Federal Reserve and the Bank of England, and similar comments from the European Central Bank chief have helped sentiment this week.

Data from the U.S. Labor Department showed employment increased more than expected in October as the headwinds from a surge in COVID-19 infections over the summer subsided, also supporting the day's upbeat mood.

On Friday, France's benchmark CAC 40 index breached the 7,000 points barrier for the first time ever, and was up 0.8%.

The blue-chip index was led by gains in Kering, Hermes and L'Oreal.

Germany's DAX reversed early declines to scale fresh peaks, as investors shrugged off disappointing industrial output data in Europe's biggest economy.

Gains in the STOXX 600 were led by Allegro, which surged 10.6% after the Polish e-commerce group agreed to buy Czech online retailer Mall Group for 881 million euros.

Spain's CaixaBank also rose 1.6% after saying it had sold its entire 9.92% stake in Austrian bank Erste Group for 1.503 billion euros. Erste added 5%.

A rebound in London-listed banks, which dropped after the Bank of England's move on Thursday to hold rates, saw London's FTSE 100 gain 0.3%.

(Reporting by Anisha Sircar, Susan Mathew and Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta, William Maclean)

By Shreyashi Sanyal


ę Reuters 2021
All news about EURO STOXX 50
12:37pEURO STOXX 50 Index Ends 4.14% Lower at 4054.36 -- Data Talk
DJ
10:00aTRACKINSIGHT : European Markets ETFs investors spooked by latest PMI Data
TI
06:42aEuropean Bourses Sag Midday In Tech Rout
MT
01/21EURO STOXX 50 Index Ends the Week 1.00% Lower at 4229.56 -- Data Talk
DJ
01/21European Bourses Track Lower Midday, Oil and Tech Issues Slip
MT
01/20EURO STOXX 50 Index Ends 0.73% Higher at 4299.61 -- Data Talk
DJ
01/20Merck senior executive Clyburn to leave for top job at chemicals firm IFF
RE
01/20European Bourses Edge Higher Midday, Tech Issues Higher, Oil Issues Slip
MT
01/20Asian shares break losing streak as China cuts key mortgage rate
RE
01/19EURO STOXX 50 Index Ends 0.25% Higher at 4268.28 -- Data Talk
DJ
More news
News of the index components EURO STOXX 50
12:54pENGIE : Why has Big Tech chosen us?
PU
12:48pInstagram star Chiara Ferragni seeks investor to expand abroad
RE
11:54aL'OREAL : Tribute to Manfred Thierry Mugler
PU
11:45aUkraine tensions lift dollar, yuan holds firm
RE
11:45aDisclosure of transactions in own shares from January 17 to January 21, 2022
AQ
11:34aLVMH MOËT HENNESSY LOUIS VUITTON : Ě January 24, 2022 kicks off third edition of Watch Wee..
PU
11:24aENEL S P A : Foundation and EPRI launch climate resilience workshop series
PU
More news
Chart EURO STOXX 50
Duration : Period :
Euro Stoxx 50 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EURO STOXX 50
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Top / Flop EURO STOXX 50
VOLKSWAGEN AG 175.67 Real-time Estimate Quote.-6.37%
SAFRAN 104.02 Real-time Quote.-6.41%
NOKIA OYJ 4.712 Real-time Estimate Quote.-6.51%
ASML HOLDING N.V. 585 Real-time Quote.-7.04%
ADYEN N.V. 1678.2 Real-time Quote.-8.82%
Heatmap :