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European Stocks Close On Buoyant Note On Recovery Hopes Some encouraging news on the corporate front also lifted sentiment and prompted investors to pick up stocks. According to reports, more than 15 million people in the U.K. habve been administered Covid-19 vaccine. The pan European Stoxx 600 climbed 1.32%. The U.K. s FTSE 100 ended stronger by 2.52%, France s CAC 40 moved up 1.45% and Germany s DAX gained 0.42%, while Switzerland s SMI advanced 0.56%. Among other markets in Europe, Austria, Belgium, Czech Republic, Denmark, Finland, Greece, Iceland, Ireland, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden and Turkey ended with sharp to moderate gains. Energy stocks were in demand as oil pries surged higher amid an escalation in tensions in the Middle East. Shares from banking and technology sectors too ended mostly higher.

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