The pan-European Stoxx 600 index rose 1.3 per cent after suffering a 1.5 per cent loss in the previous session. The blue-chip index rose 1 per cent, with Experian jumping 4.7 per cent to the top of the index, a day after its upbeat quarterly revenue forecast. Banks and healthcare stocks, including HSBC, Prudential, AstraZeneca and Smith & Nephew, were also among the biggest boosts on the index. Kohl’s slumped after warning of a hit to its full-year profit margin from higher labour and shipping costs as well as selling fewer products at full price. Cisco Systems cautioned that supply chain issues would linger through the end of 2021 and forecast its current-quarter profit below estimates.

Source: The Irish Times May 20, 2021 17:44 UTC