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European stocks hit multi-year highs


Saturday, 20 January 2018 00:27 WIB

EropaIndeks Stoxx Europe 600Saham Eropa


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European equities closed provisionally higher Friday as investors digested strong economic data.

The pan-European Stoxx 600 closed 0.5 percent higher at 400.880, hitting its highest level since August 2015, while the euro zone's Stoxx finished the session 0.8 percent higher, hitting a 10-year high.

Basic resources were among the gainers following strong demand figures for metal in China. On the other hand, oil and gas stocks fell almost 0.9 percent after OPEC said it sees more oil supply in the market in 2018 from competitors

Source: CNBC


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