UPDATE 1-Industrials, banks lift European shares as reflation trade heats up

A jump in industrial and financial stocks lifted European shares on Tuesday as investors bought into sectors set to benefit from a steady economic recovery, while France's Rexel rose on lifting its 2021 sales forecast. Optimism around a steady economic recovery has put the European benchmark on course for its fifth straight month of gains, but it has recently struggled to break above its all-time closing high hit on June 16 on concerns of the global spread of the Delta variant of the coronavirus.



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