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Europe's Shares Edge Higher at Open as Economic Worries Persist


Friday, 4 October 2019 14:35 WIB

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European shares inched higher following several days of losses, after Wall Street bounced back. In a week in which disappointing economic data has impacted markets, investor focus now turns to U.S. jobs numbers out later on Friday.

The Stoxx Europe 600 rose 0.3% as of 8:11 a.m. in London. Technology was the best-performing sector, up 0.9%, while utilities dropped 0.5%. Direct Line Insurance Group Plc was one of the biggest fallers on the regional benchmark, after a U.K. regulator found competition isn’t working well for all consumers in home and motor insurance.

Source : Bloomberg


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