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Europe stocks rise on pound's collapse, M&A news

Monday, 29 July 2019 23:11 WIB Saham Eropa Stoxx Europe 600 FTSE100 indeks DAX

Europe stocks on Monday closed higher, with traders pouring into British equities as the pound collapsed, and merger news also providing a lift. The Stoxx Europe 600 index rose 0.14% to 391.28. The U.K. FTSE 100 gained 1.81% to 7,686.61, its best one-day performance since Feb. 5. Gains accelerated as the pound weakened on concerns the U.K. could leave the European Union without an agreement. The German DAX increased 0.08% to 12,430.32 and the French CAC 40 inched up 0.01% to 5,610.73. Source : Marketwacth

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