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European Stocks Trade Slightly Lower as Investors Monitor Trade Developments


Tuesday, 27 August 2019 14:44 WIB

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European shares traded slightly lower on Tuesday, with investors monitoring the potential recommencement of U.S.-China trade talks and unfolding developments in Italian politics.

The pan-European Stoxx 600 slipped 0.2% in the opening minutes of trade, autos, construction and chemicals stocks leading losses with 0.5% declines while utilities edged 0.3% higher as most sectors and major bourses traded in the red.

Market sentiment appeared to improve after President Donald Trump said on Monday that Washington officials had been in touch with Beijing over reopening trade negotiations.

Source : CNBC


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