European shares rebound from Monday sell-off as energy stocks, miners jump

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

* ING to quit French retail banking business

* Sanofi's $1 bln Amunix buyout to add to drugmaker's pipeline

* European chipmakers rise on Micron's quarterly beat

* Bollore soars after $6.4 bln offer for African logistics assets (Updates to close)

By Anisha Sircar and Shashank Nayar

Dec 21 (Reuters) - European shares ended higher on Tuesday, recovering Monday's losses, with a jump in commodity-linked and travel stocks offsetting concerns about the spread of the Omicron coronavirus variant.

The pan-European STOXX 600 .STOXX added 1.4%, with miners .SXPP and oil stocks .SXEP among the biggest winners amid higher copper and crude prices. Travel shares .SXTP also gained.

"Santa was nowhere to be seen in the doom and gloom yesterday, and a lot of people are buying the dip today, but investors are so nervous about what's happening that the slightest bit of news is tipping their hand," said Danni Hewson, financial analyst at AJ Bell.

The benchmark STOXX 600 rebounded after two days of losses, with fears of COVID-related restrictions across Europe continuing to weigh on sentiment, while a lack of liquidity ahead of year-end holidays could add to volatility.

London's FTSE 100 .FTSE rose 1.4% on strong gains in energy firms Royal Dutch Shell RDSa.L and BP BP.L and miners Rio Tinto RIO.L and BHP Group BHPB.L .

Meanwhile, British retail sales growth fell sharply in the first half of December as Omicron concerns kept shoppers away, a monthly survey showed.

German consumer morale is expected to further darken at the start of 2022 as the new coronavirus variant clouds the outlook for Europe's largest economy, a new survey showed.

Additionally on Tuesday, New Zealand postponed its border re-opening plans until the end of February.

Among stocks, semiconductor firm ASML Holding ASML.AS jumped 3.6% to be the biggest boost on the benchmark European index after U.S. chipmaker Micron Technology MU.O beat market expectations in its trading update. .

Peers ASM International ASMI.AS , Infineon Technologies IFXGn.DE and STMicroelectronics STM.PA rose between 0.5% and 1.6%.

Sporting goods makers Adidas ADSGn.DE and Puma PUMG.DE added 0.6% and 0.7% respectively following Nike's NKE.N quarterly beat.

Bollore BOLL.PA leaped 11.5% to the top of the STOXX 600 after the conglomerate owned by billionaire Vincent Bollore's family received a $6.4 billion offer for its African logistics assets.

Sanofi SASY.PA gained 0.9% after announcing it would buy Amunix Pharmaceuticals for about $1 billion.

Dutch financial services company ING INGA.AS rose 3.2% after saying it would quit the French retail banking business, in a move that could affect 460 employees.
Reporting by Anisha Sircar and Shashank Nayar in Bengaluru; Editing by Krishna Chandra Eluri and Mark Potter

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。


本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。