Europe stocks greet new year with gains amid takeover activity and Brexit relief ...Qatar

European stock markets advanced yesterday amid takeover activity, Brexit relief and vaccine-driven economic optimism on the first trading day of 2021. London’s FTSE 100 shares index gained 1.7% to close at 6,571.88 points on the first day since Britain finalised a divorce from the European Union, as dealers noted no signs of the Brexit chaos some had feared. Initial enthusiasm nonetheless eased during the day to produce more modest closing levels. In the US, the Dow Jones index fell by 2.0 % in midday trading owing to profit-taking and uncertainty about Georgia Senate runoffs that could flip the chamber to Democratic control, traders said. In London, the pound briefly reached 2.5-year peak

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Last updated : 04 January 2021 clock 09:30 PM

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Europe stocks greet new year with gains amid takeover activity and Brexit relief ...Qatar

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