News
Travel And Leisure Stocks Drive European Shares To Record High
European stocks hit a record high on Tuesday, extending gains to a seventh straight session, boosted by travel and leisure companies as investors took comfort from strong earnings reports.
The pan-European STOXX 600 index gained 0.2% by 0717 GMT, notching an all-time high of 471.67 points.
The travel and leisure sector was the top percentage gainer as Flutter Entertainment rose 4.8% after the world’s largest online betting group said its first-half results exceeded estimates and it expects U.S. business to turn a profit by 2023.
Berlin-based meal-kit firm HelloFresh added 1% after it reported strong second-quarter growth, as a rise in customers and continued high order rates bumped up sales.
Dutch food ingredients group Corbion tumbled 8.1% to the bottom of STOXX 600 after it cut its full-year adjusted EBITDA margin outlook.
Source: Reuters
-
IT2 months agoAI Zone, Digital Triangle Project Unveiled at COMEX 2025
-
Automotive2 months agoChangan Launches the All New CHANGAN CS75PLUS 4WD in Oman
-
Dossier2 months agoDossier Construction Awards 2025 Celebrates Pioneers in Construction, Infrastructure and Real Estate
-
Arts and Culture2 months agoROHM To Premiere Arabic-Language Grand Opera – ‘Sindbad: The Omani Sailor,’ on Oct 3 and 5
-
Insurance1 month agoLiva Insurance Sweeps Three Major Wins at Alam Al-Iktisaad Awards 2025
-
News2 weeks agoKitchenomiKs Secures Investment of US$3.2M Led by Jasoor Ventures
-
Magazines3 weeks agoOER – September 2025 Issue
-
Healthcare1 month agoWassan Dental Centre’s Expanded State-Of-The-Art Facility Opens In Muscat
