European equities rebound from liquidation triggered by Ômicron

The European stock market registered its best session in nearly six months this Wednesday (1), with investors taking the opportunity to buy shares pressured in recent sessions by concerns about the Ômicron variant of the coronavirus.

The FTSEurofirst 300 index rose 1.8% to 1,825 points while the pan-European STOXX 600 index gained 1.71% to 471 points after a sharp sell-off in the previous session that pushed the index to seven-week lows.

The index ended November with a loss of 2.6% and is 4% off the record high reached in the middle of last month.

Industrial stocks gave the biggest boost to the STOXX 600 this session. Among the sectors, automobiles and travel and leisure rose 3.8% and 3.1%, respectively.

  • In London, the Financial Times index advanced 1.55%, to 7,168 points;
  • In Frankfurt, the DAX index rose 2.47%, to 15,472 points;
  • In Paris, the CAC-40 index gained 2.39% to 6,881 points;
  • In Milan, the Ftse/Mib index appreciated by 2.16%, to 26,371 points;
  • In Madrid, the Ibex-35 index rose 1.78%, to 8,452 points;
  • In Lisbon, the PSI20 index increased by 0.75%, to 5,473 points.

Reference: CNN Brasil

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