European stocks post tenth consecutive day of gains; Ipsen down 13%
European stocks were higher Friday, closing out a tenth consecutive positive session as investors assessed global economic indicators and rising Covid-19 cases.
The pan-European Stoxx 600 provisionally ended up by about 0.2%, having hit a fresh record high earlier in the session. Most sectors and major bourses were in positive territory.
Shares in Asia-Pacific retreated in Friday’s trade, with South Korea’s Kospi leading losses among major markets as shares of firms tied to conglomerate Samsung tumbled following the release of the company’s heir from prison.
Stateside, the S&P 500 and Dow indexes hit fresh all-time highs on Friday as both indexes looked to cap off a positive week on a high note.
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