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The Economic Times
The Economic Times

Global Markets: European shares edge higher with banks in the lead; the Middle East in focus

European shares edged higher on Tuesday with banking stocks in the lead as investors took comfort from signs of de-escalation in the Middle East, while GSK fell after agreeing to acquire U.S.-based Nuvalent ‌for $10.6 billion.

The pan-European ⁠STOXX ⁠600 index edged 0.5% higher to 624.78 points by 0846 GMT, with EURO STOXX Banks leading sectoral gains with a 1.8% rise.

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