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European stocks eke out gains on US-China trade hope; EU grants 3-month Brexit delay

Monday, 28 October 2019 23:35 WIB Eropa Indeks Stoxx Europe 600

European stocks entered positive territory Monday afternoon after U.S. President Donald Trump said he expects to sign a portion of a trade deal with China ahead of schedule. Meanwhile, the EU granted the U.K. a three-month Brexit extension, and corporate earnings remain on traders’ radars. The pan-European Stoxx 600 climbed 0.3% in afternoon trade, with trade-sensitive automotive stocks rising 1.9% to lead gains, while banks slipped 0.4% following disappointing earnings from HSBC. Source: CNBC

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