European equities off to a flyer upon returning from the Easter break

The Stoxx 600 and DAX trades to fresh record highs

  • Eurostoxx +0.4%
  • Germany DAX +0.9%
  • France CAC 40 +0.9%
  • UK FTSE +1.2%
  • Spain IBEX +1.2%

Of note, the Stoxx 600 index is up 0.8% and has erased its pandemic losses to jump to a fresh record high with the DAX also extending to fresh highs above 15,000.

Air France is having a volatile start to the day after the EU approved a €4 billion rescue plan for the airline earlier, opening up 2% before slumping down by 2.5% now.

Elsewhere, Credit Suisse is up a little over 2% after having announced a management shakeup earlier in the day after the whole Archegos Capital fiasco.

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