COVID-19 vaccine bolstered investor sentiment.The MSCI World Index of global shares rose 0.5 per cent to 608.79 points, just shy of the record high hit briefly earlier in the month, helped by strong overnight gains in Asia’s leading markets and a stronger open for most European bourses.
Moderna’s coronavirus vaccine is 94.5% effective, company says MSCI’s broadest index of Asia-Pacific shares outside Japan hit its highest level since launching in 1987 as Japan pulled out of recession, China posted better-than-expected industrial output data and the region signed the largest ever trade deal.Taking their lead, European indices also rose with Britain’s FTSE 100 and the pan-Europe STOXX Europe 600 both up around 0.7 per cent.“The markets get.