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European stocks open higher as sharp fall in global bond yields stabilizes


Thursday, 8 August 2019 14:20 WIB

Stoxx 600Indeks Stoxx Europe 600SahamEropa


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European stocks are opened higher Thursday as investors swing back toward risk assets and digest a range of corporate earnings.

The pan-European Stoxx 600 jumped 1% at the opening bell, technology and basic resources the strongest performers as all sectors and major bourses traded in positive territory.

A sharp decline in bond yields stabilized late on Wednesday’s session to temper concerns over slowing economic growth. The sharp rally in fixed income caused a slide in equity markets in the previous session with investors fleeing to safe-haven assets.

Source : CNBC


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