2 Minutes by Reuters Staff Read (Click LIVE/ or type LIVE/ in a news window for a Reuters live blog on U.S., UK, and European financial markets.) Reuters, June 29 – Industrial, banking, and mining companies all jumped on Tuesday, as investors flocked to sectors that are expected to profit from a sustained economic recovery, while France’s Rexel rose after raising its sales projection for 2021. The stock of the French electrical parts supplier rose 3.4 percent to the top of the STOXX 600 index after the company said it expects same-day sales growth of between 12 and 15 percent, up from its previous projection of between 5 and 7 percent. The STOXX 600 index rose 0.5 percent throughout Europe, with industrials, banks, and miners all climbing between 0.4 and 0.7 percent. The European benchmark is on track for its sixth straight month of advances, but it has recently struggled to break above its all-time closing high set on June 16 due to fears over the global spread of the Delta version of the coronavirus. Nonetheless, travel-related stocks rebounded on Tuesday after falling to a one-month low the day before following news of a probable ban on UK visitors to Germany. The FTSE 250 index in London was up 0.3 percent, while housebuilders were up 1.1 percent, after statistics on Tuesday showed British house prices rose by the most in over 16 years in June. (Bengaluru-based reporter Sagarika Jaisinghani contributed to this report; Shounak Dasgupta edited it.) Continue reading