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European Stocks Slip Slightly From 7-Week High as Consumer-Goods Shares Struggle


Friday, 20 April 2018 23:40 WIB

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European stocks ended a volatile session marginally lower on Friday, as losses in the consumer-goods sector contributed to pulling the regional market away from a seven-week high.

But U.K. stocks fared better, helped by a drop in the pound’s value after Bank of England Governor Mark Carney threw into doubt the possibility of a rate hike in May.

The Stoxx Europe 600 index fell 0.03% to end at 381.84, slipping from its highest close since Feb. 27 logged on Thursday.

For the week, the Stoxx 600 bagged a 0.7% gain, its fourth consecutive weekly advance.

Source : Marketwatch


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