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European Stocks Close Higher as Investors Track Trade and Key Euro Zone Data


Friday, 22 November 2019 23:42 WIB

Stoxx 600Saham Eropa


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European stocks traded in positive territory on Friday despite mixed signals over the status of U.S.-China trade discussions.

The pan-European Stoxx 600 pared early gains to trade 0.5% higher at 404.02 by late-afternoon, following weak economic data out of the euro zone. Basic resources stocks added 2.3% to lead gains as most sectors and major bourses advanced.

Against the backdrop of ongoing trade negotiations, tensions between the world’s two largest economies have come under strain this week over a U.S. bill supporting Hong Kong protesters, while U.S. Navy warships twice sailed near islands in the South China Sea over the past few days, further angering Beijing.

Source : CNBC


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