European shares saw an uplift on Tuesday, driven by gains in the travel and banking sectors, though trading remained cautious as investors awaited key economic data later this week.
The travel and leisure sector (.SXTP) and the banking sector (.SX7P) led the day’s gains, increasing by 0.7% and 0.9%, respectively. The pan-European STOXX 600 index (.STOXX) advanced by 0.2%, reaching 518.88 points.
Banco Santander (SAN.MC) saw a 2.5% rise following the announcement of a 1.525 billion euro ($1.70 billion) share buyback program by the Spanish bank.
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