Europe: Trade tariff reprieve boosts European shares
Published Mon, Feb 25, 2019 · 08:50 AM
[LONDON] US President Trump's decision to delay an increase in tariffs on Chinese goods drove European shares up to their highest level since early October as carmakers and miners rallied, while Bank of Ireland slumped after results.
The pan-European STOXX 600 was up 0.2 per cent by 0825 GMT, in line with Germany's trade-sensitive DAX. The STOXX hit a high of 373.18 points in early deals, its highest since Oct 10.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%