Morning Report 26 Nov 21: European shares rebound off 3 week lows with US financial markets closed for Thanksgiving
European sharemarkets were firmer on Thursday. Leading the gains was the so-called defensive sector - utilities - up by 1.75%. But technology rose by 0.6% with healthcare up 0.3%. Reuters reported that "Remy Cointreau jumped 13.4% to a record high after it raised its full-year profit outlook as strong demand for its premium cognac drove a stronger-than-expected operating profit in the first half." Shares in rivals rose: Pernod Ricard rose 2.5%, while Diageo rose 1.0%. In response to rising Covid cases, France said that face masks will become compulsory again in many places.
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