DJIA27154.20
LIVE-68.77(-0.25%)
NDX7834.90
LIVE-69.23(-0.88%)

European stocks close higher after Bank of England holds rates; Delivery Hero up 10%


Thursday, 20 June 2019 23:21 WIB

Stoxx 600Indeks Stoxx Europe 600SahamEropa


c_740_198_16777215_00_images_assets_EUROPE_ledakan-brussels-tekan-bursa-saham-eropa-5dL.jpg

European markets finished higher Thursday as investors reacted to interest rate decisions from the Bank of England and the Federal Reserve.

The pan-European Stoxx 600 closed up 0.5% at 386.16 , having hit its highest since May 6 earlier in the day.

Technology stocks led gains with a 1.6% rise, while travel and leisure stocks were the worst performer, falling 1.1%. Germany's DAX rose 0.4% and hit a nine-month high earlier in the session.

The week's focus on central banks continued Thursday, as the Bank of England held interest rates steady at 0.75% while cutting its growth forecast for Britain's economy to zero in the second quarter of 2019, citing global trade tensions and the growing risk of a damaging no-deal Brexit. Sterling was trading higher against the dollar following the Bank of England's decision, reaching around $1.2682 on Thursday afternoon.

Source : CNBC


RELATED NEWS

  • Hong Kong shares ended the week on a strong note Friday, jumping more than one percent on hopes for a sharp interest rate cut by the Federal Reserve later this month. The Hang Seng Index added 1.07 p...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.