(Reuters) -European shares closed at a record high on Thursday boosted by Airbus after the planemaker hiked its jet output targets, while German shares weakened after shares in pharmaceuticals maker Bayer were hit by a court ruling.
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 21, 2021.
German shares shed around 0.3%, lagging other regional markets, with Bayer the biggest drag on the DAX, falling 5.0%.
European shares have moved little this week, but achieved record highs as continued affirmations of easy monetary policy and waning concerns over inflation painted a favourable picture.
The stock shed more than 6% after its annual revenue fell.
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