European stocks hit new highs on Tuesday, lifted by travel and real-estate shares, but gains were capped by the publication of weak German industrial output data. Ryanair posted a 0.7 per cent rise, finishing at €16.58, while packaging company Smurfit Kappa added 1.35 per cent to close at €44.18. LondonThe FTSE 100 added 0.3 per cent, helped by gains for mining and travel stocks, while the domestically-focused mid-cap FTSE 250 index dipped 0.1 per cent, dragged by weakness in technology and industrial stocks. Miners including Rio Tinto, Anglo American, Glencore and BHP rose between 0.1 per cent and 1 per cent. The travel and leisure index rose 1.8 per cent.

Source: The Irish Times June 08, 2021 17:15 UTC