European stocks set for best weekly gain in 2 months

European shares edged higher on Friday, set for the best weekly gain in two months, as sentiment was boosted by China stimulus bets.

The Stoxx 600 Index was 0.4% higher as of 9:30 a.m. in London, with consumer products and travel stocks outperforming. The benchmark is 1.4% up in the week. Tesco Plc shares dropped even as sales at Britain’s biggest supermarket rose 9% in the first quarter, while Travis Perkins Plc slumped after warning that full-year profit will be hurt by lower volumes.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Fidelity European Trust

More articles like this

Fidelity European Trust

European markets rally on softer tariff hopes

Markets sprang back to life on Monday as a wave of cautious optimism swept across Europe. Investors responded positively to signs that upcoming US tariffs may be more focused and less aggressive than feared, reigniting confidence

Fidelity European Trust

European defence stocks surge

European defence stocks surge as UK and France push for peace in Ukraine. BAE Systems and other firms see gains amid heightened military spending expectations.