Saturday January 25, 2020

European share roundup: markets extend 23-month high

European shares extended a 23-month high as German business confidence improved and ECB data showed lenders will repay more three-year loans than estimated.

25th January, 2013
European markets rose

European shares extended a 23-month high as German business confidence improved and European Central Bank data showed lenders will repay a greater amount of three-year loans than estimated.

Banca Monte dei Paschi di Siena led banks higher, surging 11 per cent, on a report the Bank of Italy may approve a bailout as soon as tomorrow. STMicroelectronics NV jumped 4 per cent after Exane BNP Paribas upgraded the semiconductor maker. SolarWorld AG sank by the...

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