Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
The Stoxx Europe 600 hit a record high on Wednesday, in the latest sign of bullish sentiment among global investors.
The broad-based European index rose 0.6 per cent to 529.14, led by stocks in the healthcare sector such as Danish Novo Nordisk, which rose 2.8 per cent.
Frankfurt’s Dax rose more than 1 per cent — also to a fresh high — boosted by a strong performance for Adidas shares after the company reported what it said were better than expected preliminary fourth-quarter results.
The fresh records came after a Bank of America survey of European fund managers showed that investors had raised their allocations to European equities amid anxiety over runaway valuations on Wall Street.
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Publish date : 2025-01-22 01:24:00
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