Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
European shares were on course for a fifth day of gains Tuesday, powered by a strong rally in automakers after Peugeot suggested Fiat Chrysler was among the options for a merger, and as Bank of America Merrill Lynch talked up stocks in the sector. The STOXX 600 autos & suppliers sector index rose 2.4 percent to post their biggest one-day gain in over three months, helping the benchmark STOXX 600 climb 0.6 percent, scale a near six-month peak.The auto index was boosted by a 5 percent jump in Fiat Chrysler after the president of Peugeot family holding company suggested that it was among the options for a merger, and Bank of America Merrill Lynch recommending contrarian investors buy select carmakers.Retail and basic resources stocks were also strong, while bank stocks handed back early losses to trade up 0.15 percent.
FOLLOW THIS ARTICLE