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European stocks close higher as focus stays on global trade talks


Monday, 7 October 2019 23:16 WIB

Stoxx 600 IndeksStoxx EuropeSahamEropa


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European markets climbed Monday afternoon as traders looked for hints on the direction of Brexit and U.S.-China trade talks, with Friday's positive U.S. jobs data still boosting stocks.

The pan-European Stoxx 600 gained 0.74% to 382.91, led by a 0.4% rise for chemicals and energy stocks while media and financial services continued to lag.

Stocks were buoyed Friday by a positive jobs report out of the U.S. which eased fears of a slowdown in the world’s largest economy. Investor focus is now attuned to trade developments, with a fresh round of U.S.-China talks due to commence later this week.

Source : CNBC


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