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European shares edge higher on trade optimism; U.S. bank earnings weigh


Tuesday, 16 April 2019 00:24 WIB

Indeks Stoxx Europe 600Index Stoxx EuropeSahamEropa


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European shares ended higher on Monday with telecom and retail stocks leading gains as Sino-U.S. trade optimism and strong Chinese economic data eased some worries over global growth - though lackluster earnings from big U.S. banks weighed.

The pan-European STOXX 600 index rose for the fourth straight session close up 0.15 percent to 388.10, hovering near eight-month highs with most indices in the region gaining, apart from Britain's FTSE 100 which lost ground as miners and oil majors fell.

Markets cheered the progress in trade talks after U.S. Treasury Secretary Steven Mnuchin said on Saturday he hoped that the United States and China were close to the final round of negotiations.

Source : Reuters


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