Fidelity European Trust: 9.9% NAV and 7.9% share price annual returns

European stocks closed on a bright note on Monday. The pan-European Stoxx 600 climbed 0.53%. Germany’s DAX jumped 0.96%, while France’s CAC 40 ended 0.49% up, while Switzerland’s SMI both ended higher by 0.49%. The London

Europe’s main stock markets opened higher Monday, with London touching another record high as investors seized on the latest merger and acquisition news. London’s FTSE 100 index hit a new record of 8,185.59 points after UK

European markets were higher Friday, regaining momentum after a dip in yesterday’s session. The pan-European benchmark Stoxx 600 index was up 0.6% at 9:42 London time, with the majority of sectors and all major bourses trading

European markets started the new trading week on a positive note Monday, following more uncertain sentiment last week amid continuing Middle East tensions and a repricing of interest rate expectations. The benchmark Stoxx 600 index was up 0.4%

European markets were higher on Monday amid heightened geopolitical tensions following Iran’s massive drone and missile attack on Israel Saturday night. The regional Stoxx 600 index rose 0.3% in morning deals, with most sectors in positive territory. Auto

European markets were higher on Friday as investors parse through U.K. economic data and reflect on a somewhat murky U.S. inflation outlook. The pan-European Stoxx 600 was up more than 1% at 10:40 a.m. in London, with all

After 15 years of economic upheavals, from the European debt crisis to the Covid-19 pandemic and Russia’s invasion of Ukraine, the European economy appears set to underperform in 2024. But are appearances deceiving? First, Central and

European stocks climbed on Thursday with investors awaiting an inflation print and minutes from the European Central Bank’s latest meeting, while shares of Basilea jumped following the U.S. regulatory approval for the drugmaker’s bacterial therapy. The

The FTSE 100 and European stocks bounded higher after the long Easter break, spelling a positive start to the first day of the second quarter of the year. Fidelity European Trust PLC (LON:FEV) aims to be the

Global hedge funds have been adding European stocks to their portfolios this year while trimming their exposure to North America amid an ongoing debate over how expensive U.S. equities are, Morgan Stanley’s proprietary data showed. Europe’s

Investors are buying up European travel, retail and luxury goods shares, betting that a rebound in the region’s economy will tempt consumers to spend on more on holidays and expensive items. Carmakers Renault and Stellantis have

European markets opened higher Tuesday as global investors await the latest U.S. inflation report. The Stoxx 600 index shook off some of Monday’s negativity to trade 0.44% higher at the open. Sectors were mainly in the

It’s hardly surprising that stocks are currently taking a breather, according to Barclays, given stretched market technicals/sentiment. But overall positioning is not over-extended and bullishness is not widespread outside of Wall Street and the tech sector,

European markets were cautiously higher Thursday morning as investors look ahead to key inflation reports in both the U.S. and Europe. The Stoxx 600 index was up 0.15% in early trade, continuing the week’s muted movements,

It’s been a remarkable journey for European stocks, with the market witnessing an almost 80% surge since the lows of March 2020. This rally has not only breathed new life into the continent’s financial landscape but also marked

European markets were slightly higher Monday, off the back of largely positive sentiment last week. The pan-European Stoxx 600 index provisionally closed up 0.17%, rebounding slightly from a negative morning session. Mining stocks led losses, sinking