European stocks turn up as Shire's surge helps offset tech losses

Thursday, 29 March 2018 00:07 WIB

Indeks Stoxx Europe 600FTSE 100indeks CAC 40SahamEropa


European equities swung higher Wednesday, as gains for health-care shares led by biopharma company Shire PLC helped offset losses in the battered tech sector.

The Stoxx Europe 600 index ended up 0.5% to 369.26, led by the utility and health care sectors. But the technology sector fared the worst. The index on Tuesday climbed 1.2%, driven by easing concerns about a global trade war.

In Paris, the CAC 40 index reversed course and rose 0.3% to 5,130.44, and the U.K.'s FTSE 100 index turned higher, finishing up by 0.6% at 7,044.74.

Germany's DAX 30 fell 0.3% to 11,940.71, but pared a deeper loss.

The euro traded at $1.2349, down from $1.2405 late Tuesday in New York.

Source : Marketwatch


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