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European Stocks Claim Back Ground After Virus Driven Sell-Off


Tuesday, 28 January 2020 23:43 WIB

Stoxx 600Saham Eropa


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European stocks moved higher on Tuesday as investors monitored developments relating to the Chinese coronavirus, after global markets plummeted on Monday.

The pan-European Stoxx 600 was around 0.9% higher during afternoon deals at 417.57, with most sectors and all major bourses in positive territory. Telecoms stocks added around 1.7% to lead gains while tech stocks dipped below the flatline.

The snap back came after the Stoxx 600 dropped 2.3% on Monday, with around 180 billion euros of market value wiped out, but sentiment remains tied to news out of China.

Source : CNBC


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