Accra:European shares surged to their highest point in over two weeks on Thursday, buoyed by strong earnings and a significant rise in healthcare stocks, which have become a safe haven for global investors as interest in AI trades wanes.
According to Emirates News Agency, the pan-European STOXX 600 index increased by 0.38 percent, reaching 640.16 points, after hitting its highest level since September 30th earlier in the session.
The healthcare sector saw a 2.4 percent rise, making it one of the top gainers on the benchmark. In contrast, technology shares declined by 1.5 percent, led by a 13 percent drop in German chip systems manufacturer Aixtron.
