European stocks higher as investors eye Brexit battle and stimulus hopes

Monday, 9 September 2019 14:17 WIB

Stoxx 600Indeks Stoxx Europe 600SahamEropa


European stocks opened higher Monday morning as investors monitor ongoing political chaos in the U.K. and cautious hopes for policy stimulus from the world's major economies after a series of weak data releases.

The pan-European Stoxx 600 climbed 0.2% in the early minutes of trading, oil and gas stocks adding 0.7% after reports of possible further U.S. sanctions on purchasers of Iranian oil, while the food and beverage sector slid 0.3%.

British newspaper the Daily Telegraph reported late on Sunday that Prime Minister Boris Johnson has prepared a legal strategy to counter opposition lawmakers’ attempts to enforce a three month extension to the U.K.'s Brexit deadline if no deal is agreed by October 31.

Source : CNBC


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