European stock markets made small gains on Friday as Pfizer said that it was applying for emergency approval for its new vaccine.
European stock markets made small gains on Friday as Pfizer said that it was applying for emergency approval for its new vaccine. The FTSE 100 closed up by 0.3%, or 17.1 points, to end the day on 6,351.45, while Frankfurt’s Dax and Paris’s Cac both rose 0.4%. It means that London’s top index has only gained around 35 points since last Friday despite news that there are three Covid-19 vaccines making good progress. But the end of the week hides a strong showing earlier. After Moderna revealed that its vaccine was 95% efficient in preventing Covid-19, the index briefly rose above 6,450 points on Tuesday. “It has been a lacklustre session when compared with the volatility witnessed in the first half of the week,” CMC Markets analyst David Madden said on Friday.
