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European stocks close higher after strong US jobs report; Swiss Re up 3%


Saturday, 7 December 2019 00:15 WIB

Saham Eropa


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European stocks closed higher Friday as investors digested a better-than-expected nonfarm payrolls report from the U.S.

The pan-European Stoxx 600 closed higher 1.16% to 407.35 with every sector in the black. Sentiment was boosted after data showed the U.S. economy added 266,000 jobs in November. Economists polled by Dow Jones expected a gain of 187,000.

Looking at individual stocks, the insurer Swiss Re also traded higher after announcing that it is selling its British unit to Phoenix Group Holdings for £3.2 billion ($4.1 billion). Shares were up 3%.

Source: CNBC


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