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European stocks rebound to close higher; WPP tanks 14%


Thursday, 25 October 2018 23:08 WIB

Stoxx 600Saham EropaStoxx Europe 600


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European stocks ended higher on average Thursday, as investors digested corporate earnings and reacted to the European Central Bank (ECB) decision to leave rates unchanged.

The pan-European Stoxx 600 ended higher 0.51 percent at 355.08 after a dip on Thursday morning. Among the major bourses, France's CAC index was the top performer, up 1.60 percent.

The FTSE 100 in London ended 0.59 percent higher while the DAX in Frankfurt closed up by 1.03 percent.

Europe's autos stocks led the gains Thursday afternoon, jumping 3.15 percent amid earnings news. France's PSA Peugeot Citroen was a top sectoral performer after its quarterly earnings were well received by investors. Shares of the Paris-listed stock ended Thursday 6.95 percent higher.

Source: Markewatch


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