European shares climbed on Friday as Chinese factory output increased, but U.S.-China tensions remain.
The pan-European STOXX 600 surged 1.4%, with travel stocks gaining 2.7%.
Miners .SXPP and chip makers also rose after China’s industrial output increased 3.9% in April.
Global stock markets fell this month after continuous gains in April due to fears of a possible second wave of coronavirus infections.
Swiss drugmaker Roche jumped 1.4% after announcing its plan to start selling new digital diagnostics products that may lead to faster screening of COVID-19 patients.
BT Group Plc rose 8.2% after it was reported to be in talks to sell a multi-billion pound stake in its network subsidiary to infrastructure investors.
Asian stocks slip as gloomy outlook dampens market sentiment26.06.2020
FTSE lead European stocks rally as U.K. abandons quarantine plan26.06.2020
Stocks and oil gain despite rising coronavirus cases25.06.2020
China’s Tencent buys Malaysian streaming platform Iflix in a push into South East Asia