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European Stocks Close Higher Amid Tech Rally; US-China Trade in Focus


Friday, 25 January 2019 23:46 WIB

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European stocks traded higher on Friday, amid a rally among technology shares and as investors continued to monitor U.S.-China trade developments.

The pan-European Stoxx 600 index rose 0.6 percent at 357.93 during trade, with tech stocks and trade-sensitive sectors like autos and basic resources among the top gainers.

The tech sector saw big gains even after U.S. chipmaker Intel posted earnings and guidance that missed analysts' expectations. Semiconductor firm Siltronic was up more than 5 percent, while competitors STMicro and Infineon were both more than 2 percent higher.

Source : CNBC


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