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European Stocks Open Higher on Renewed Trade Optimism


Monday, 4 November 2019 15:19 WIB

Eropa Stoxx600Saham EropaStoxx Europe 600


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European stocks opened higher Monday as renewed optimism over U.S.-China trade talks looked set to reignite a risk-on approach from investors.

The pan-European Stoxx 600 climbed 0.4% to 400.86 at the opening bell, with autos jumping 1.7% to lead gains as the majority of sectors and major bourses traded in positive territory.

Hopes for progress in ongoing trade talks between the world’s two largest economies were boosted Sunday when U.S. Commerce Secretary Wilbur Ross said that licenses would be granted "very shortly” for American firms to sell to Chinese telecommunications giant Huawei.

Source : CNBC


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