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Stock impact report

UPDATE 1-Bank stocks help European shares climb on Brexit day [Reuters]

CAIXABANK SA UNSP/ADR (CAIXY) 
Company Research Source: Reuters
UPDATE 1-Bank stocks help European shares climb on Brexit day (For a live blog on European stocks, type LIVE/ in an Eikon news window) * Financials provide biggest boost to benchmark index * Spain’s Caixabank falls, Banco Sabadell rises after results * Novacyt surges on launching a new test for the coronavirus (Adds details, quote; updates prices) By Medha Singh Jan 31 (Reuters) - Bank stocks lifted European shares on Friday, with the United Kingdom officially set to end its 40-year membership of the EU, while broader sentiment was shaken after the WHO declared the coronavirus outbreak a global emergency. The pan-European STOXX 600 rose 0.2%, but was still looking at its second straight weekly decline on concerns about the coronavirus epidemic in China, which has so far claimed more than 200 lives. Investors also took heart that the World Health Organization (WHO) stopped short of travel and trade restrictions with China and said Beijing’s drastic actions would “reverse the tide”. Tra Show less Read more
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