The High-Yield Dividend payers will continue to distribute dividends and can provide steady capital appreciation at the same time in the current low yield environment.
The noticeable improvement defies the stubbornly high interest rates that have so far meant for an uneasy market in 2024.
Consumer price inflation across the eurozone remained at 2.4% in the year to April, matching March’s reading.
CEO Noel Quinn announced early retirement after a five-year stint leading the bank.