Shot in the arm for stocks as Boris Johnson sets out Covid exit plan

Irish Times | Feb 22, 2021 at 7:18 PM
  • European shares trimmed early losses on Monday as comments from the ECB brought down treasury yields, though inflation expectations and profit-taking in technology stocks dragged the benchmark index lower.
  • After falling as much as 1.2 per cent after a jump in commodity prices sparked fears of a spike in inflation, the blue-chip FTSE 100 cut losses in afternoon trading as Mr Johnson unveiled a roadmap to exit the lockdown.
  • Italy’s Atlantia rose more than 4 per cent on expectations that the infrastructure group would receive a binding offer for its 88 per cent stake in motorway unit Autostrade per l’Italia this week.