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European Stocks Close Higher, Ending a Volatile Week For Global Equity Markets


Friday, 16 August 2019 23:23 WIB

Stoxx 600Saham Eropa


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European markets closed sharply higher Friday, as investors tentatively returned to riskier assets after a turbulent week.

The pan-European Stoxx 600 index closed was up almost 1.3% at 369.23, with all sectors and major bourses in positive territory.

A technical glitch prevented Britain’s FTSE 100 from opening for almost two hours on Friday morning. It was the index’s longest outage in eight years. The bourse closed about 0.7% higher.

The U.K.’s blue-chip index had hit a six-month low in the previous session, as an escalating trade war between the United States and China and growing concerns about the world economy saw global stocks in sell-off mode.

Source : CNBC


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