Share report: Stocks advance led by Portuguese lenders
European stocks advanced, rebounding from yesterday’s decline, as a report showed China’s economy expanded at a better-than-expected pace, meeting the government’s target for growth this year.
European stocks advanced the most since April as Portuguese banks led a rally by euro zone lenders and a report showed China’s economy expanded at a better-than-expected pace, meeting the government’s target for growth this year.
Banco Espirito Santo climbed the most in 21 years after a Portuguese newspaper reported that the lender could raise €2 billion from new shareholders to strengthen its capital ratios. Portugal’s PSI 20 index rose 3.1...
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