市场快报

European shares rise after heavy weekly decline for global stocks

UK gilts under pressure as BoE policymaker says central bank should consider faster rate rises

European equity markets rose on Monday following the sharpest weekly decline for global stocks since the pandemic-driven ructions of March 2020.

The regional Stoxx 600 share index closed almost 1 per cent higher and London’s FTSE 100 gained 1.5 per cent, helped by shares in energy producers rising after declines driven by economic growth worries.

Shell, a weighty constituent of the UK blue-chip index, added 3.3 per cent after dropping almost 13 per cent in the week to June 17.

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