Europe finishes mostly in green as virus worries ease

Monday, 29. March 2021 17:30

Shares on major European stock markets ended Monday's session mostly higher as investors' concerns over the coronavirus pandemic and its economic impact went down. British Health Secretary Matt Hancock claimed the UK government hasn't ruled out allowing international travel during the summer, while France intends to keep "all options on the table to guarantee the health security," according to the country's Economy and Finance Minister Bruno Le Maire.

Meanwhile, traffic in the Suez Canal has been restored after the refloating of the Ever Given ship that blocked the important trade route for several days.

The DAX went up by 0.56% at the closing bell with E.ON rising 2.38% concurrently. The CAC 40 finished 0.54% higher as Kering advanced 1.79%, while the FTSE 100 in London was virtually unchanged at the same time. The euro lost 0.21% to go for $1.17700 at 5:28 pm CET, while the pound stood flat against the dollar, trading at 1.37848 a minute later.

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Breaking the News / GA