European shares rise as China growth hopes boost luxury, tech stocks
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Published date: 2024-09-29
- Location: 8957, Himachal Pradesh, India
By Susan Mathew and Shreyashi Sanyal
May 30 (Reuters) - European shares touched their highest level in almost a month on Monday, with optimism buoyed by China's easing of COVID-19 restrictions and adding of new stimulus.
Authorities in China's commercial hub of Shanghai will facilitate conditions for 시알리스 구매 사이트 businesses to resume work from Wednesday, while city officials announced an action plan to boost the economy, 시알리스 구입처 supporting hopes for 시알리스 구입처 improved growth and 시알리스 구입처 demand from the world's second-largest economy.
The pan-European STOXX 600 index rose 0.6% to 447.79, a level not seen since early May, boosted the most by luxury firms, which derive significant demand from China.
Loius-Vuitton owner LVMH, Hermes, Pernod Ricard and Burberry rose between 0.6% and 4.4%.
"There's a big sigh of relief...
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