European stocks close sharply higher on rising trade and Brexit optimism
Friday, 11 October 2019 23:19 WIB | MARKET UPDATE |SahamEropaIndeks Stoxx Europe 600Stoxx 600

European stocks closed sharply higher Friday as investors tracked positive signals around U.S.-China trade talks and Brexit.

The pan-European Stoxx 600 closed up by more than 2% to 391.61, with bank shares soaring close to 5% higher as most sectors and all major bourses traded in positive territory.

Day one of trade talks between top U.S. and Chinese negotiators ended with markets hoping for a limited trade deal and a delay to planned increases in U.S. tariffs planned for next week. U.S. President Donald Trump characterized the discussions as œvery, very good and plans to meet with Chinese Vice Premier Liu He at the White House on Friday.

Source : CNBC

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