European Markets Close Flat After May Survives No-Confidence Vote; ITV Shares Dive 6%

Friday, 18 January 2019 23:36 WIB

Stoxx 600SahamEropa


European stocks edged marginally higher Thursday afternoon, amid heightened political uncertainty in the U.K. and ongoing concerns over China's cooling economy.

The pan-European Stoxx 600 provisionally rose 0.06 percent at 356.97 by the close of trade but most major bourses struggled to leave negative territory.

Europe's banking index was the worst performer Thursday, down 1.2 percent amid earnings news. French bank Societe Generale led the losses, shortly after it reported fourth-quarter results would be negatively impacted by tough market conditions. Shares of the Paris-listed stock slipped more than 6.1 percent on the news.

Source : CNBC


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