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French M&A displays optimism | White & Case LLP

French M&A displays optimism | White & Case LLP
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Easy does it as travel and leisure drive gains, HSBC resumes the dividend

2/23/2021 8:36:48 AM GMT
It has been a positive start for markets in Europe this morning, with the FTSE100 leading the way buoyed by outperformance in travel and leisure stocks as well as the basic resources sector, with commodity prices sitting at 8-year highs.
Travel and leisure stocks are getting a lift this morning after yesterday’s announcement of a reopening schedule in the UK prompted a surge in holiday bookings, with
EasyJet reporting a big jump in summer ticket sales, particularly in August, in the wake of last night’s announcement by Boris Johnson.
IAG, TUI Travel as well as Premier Inn owner Whitbread have seen some decent gains in early trade this morning, while Rolls Royce shares are also higher as markets price in a significant pickup in air travel by the end of the summer. ....

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