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European stocks edge up as deal developments, earnings reports roll in


Friday, 20 April 2018 00:05 WIB

saham-saham eropaIndeks Stoxx Europe 600


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Most European equity markets ended modestly higher Thursday, buoyed by oil stocks as crude prices extended a rally, while investors waded through a pile of corporate earnings reports.

On the national indexes, France’s CAC 40 index rose 0.2% to end at 5,391.64, and the U.K.’s FTSE 100 index picked up 0.2% to close at 7,328.92. Spain’s IBEX 35 picked up 0.1% at 9,868.00.

But Germany’s DAX 30 index underperformed, losing 0.2% to close at 12,567.42, as shares of lender Deutsche Bank AG lost ground.

The broader Stoxx Europe 600 index ended up by less than 1 point at 381.95, but it was enough to mark a third consecutive gain. The oil and gas, consumer services, industrial and financial sectors rose, but tech and consumer goods shares slumped.

The euro changed hands at $1.2336, down from $1.2376 on Tuesday.

Source: Marketwatch


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