Denmark39;s Novonesis jumps after FY outlook raise
France39;s Carrefour slides on reports of record fine
STOXX 600 up 0.3, travel and bank stocks leading gains
June 18 Reuters European shares advanced on Tuesday after posting steep declines last week, buoyed by gains in banks stocks, with focus now on more data and commentary from central banks39; officials to gauge their monetary policy path.
The panEuropean STOXX 600 rose 0.3 as of 0807 GMT, with travel and leisure leading gains among sectors, jumping 1.4.
Whitbread, up 3.7, boosted the sector after the British hotel group reiterated its annual forecast and posted a 1 rise in firstquarter revenue.
Lenders in the region gained 0.8, continuing to recover from an 8 drop last week.
Global sentiment also remained upbeat following the SP 500 and the Nasdaq scoring record closing highs on Monday.
European shares posted their biggest weekly drop so far this year on Friday, as French President Emmanuel Macron called for a snap election following a trouncing of his ruling centrist party in the European Parliament elections.
Many investors out there are now saying that the selloff we saw last week in French equities has been overdone and the fact that the political uncertainties are not necessarily going to impact the economic outlook of the country, said Ipek Ozkardeskaya, a senior market analyst at Swissquote Bank.
Focus will now be on commentary from central bank officials around the world, with at least six U.S….