Global equity markets continued their post-election rally Thursday as investors placed ever-increasing bets that the U.S. President elect will attempt to enact sweeping changes to America's economic and corporate landscape.
The reverberations of the so-called "Trump Bump" for stocks has echoed around the world, with stocks in Japan surging the most in nine months and European equities extending advances amid a portfolio shuffle that has potential winners from a Donald Trump administration leading gainers around the continent.
Trump's corporate and personal tax overhaul alone could be worth $9.5 trillion over the next ten years, according to Ian Shepherdson of Pantheon Macroeconomics, a stimulus he has described as the biggest fiscal peacetime expansion in memory.
References to infrastructure spending in his Manhattan victory speech and subsequent promises to create "shovel ready" jobs has the potential to add trillions more to U.S. economic growth.
Below is a snap-shot of 'Euro Trump Stocks' and sectors complied by TheStreet which are finding favor from global investors in the immediate aftermath of Tuesday's election.
The largest European lenders, and specifically those with significant U.S. exposure, are helping lead equity benchmarks as the Stoxx 600 Bank Index rises to a 7.5 month high of 159.21.
Deutsche Bank (DB) is one of the top advances, with shares up 6% to €14.15 Britain's Barclays Plc (BAR) is up 5.66% to 203.6 pence each, the highest since January 13, and Credit Suisse (CS) added 7.27% to trade at Sfr13.76.