Inditex shares hit record high as investor confidence strengthens

Inditex, the Spanish fashion group behind brands including Zara and Massimo Dutti, hit a new all-time high on Thursday, surpassing the record set in December last year and underlining the strong momentum behind the company. The stock climbed to as much as 56.38 euro per share, buoyed by better-than-expected quarterly results and growing confidence among international investors.