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European Shares Open at Record High; Q4 GDP Data in Sight


Friday, 14 February 2020 15:25 WIB

EropaSaham EropaStoxx Europe 600


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European shares inched up to a record high on Friday ahead of fourth-quarter GDP data from the EU, while concerns over the coronavirus outbreak eased after the World Health Organization downplayed a recent spike in cases.

The pan-European STOXX 600 index rose as much as 0.1% to a record high of 431.42, eyeing a second straight week of gains following a relief rally earlier in the week.

Investors were awaiting the European Union's fourth-quarter GDP flash estimates at 10:00 GMT, which are expected to show the European economy barely expanding between October and December amid a manufacturing slump and global trade headwinds.

Source : Reuters


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