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European stocks open higher despite political uncertainty, Siemens Gamesa, Adecco lead gains


Tuesday, 6 November 2018 15:39 WIB

Indeks Stoxx Europe 600Saham Eropa


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Stocks in Europe opened higher Tuesday morning as investors shrugged off concerns of political uncertainty surrounding a key vote in the United States.

The Stoxx Europe 600 index opens up 0.2% to 364.25 and all major indexes opened higher.

The FTSE 100 slipped into negative territory by 5 points after opening higher; the DAX is up by 24 points at 11,518; and the CAC 40 is up by 2 points at 5,103.

In terms of sectors, Industrials led the way, up nearly 0.5 percent, followed by Chemicals and Media. Meanwhile, retail stocks are down the most, with the sector topping the worst performing on Tuesday.

Looking at individual stocks, Siemens Gamesa is up more than 8 percent. This after the company said Tuesday the commodity prices and emerging market volatility would hit profit margins in 2019.

Meanwhile, Adecco and Deutsche Post made their way into the best performing stocks on Tuesday morning after reporting third-quarter results.

CNBC


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