Skip to content
Subscriber Only
Business
Pursuits

European Stocks Advance for Fifth Week on Stimulus Bets

European stocks rose for a fifth week as investors bet central banks would add to measures to stimulate economic growth, with the Stoxx Europe 600 Index paring some gains on concern that risks to a recovery remain.

Arkema SA jumped 15 percent after FT Alphaville reported the French maker of specialty chemicals and additives received takeover approaches. GKN Plc, the British maker of parts for Airbus SAS airplanes, surged 15 percent after buying Volvo AB’s aircraft-engine unit.