European stocks close higher as geopolitical fears abate; Aston Martin shares tumble
Wednesday, 8 January 2020 00:01 WIB | MARKET UPDATE |Saham Eropa

European shares closed higher on Tuesday amid an easing of concerns over geopolitical tensions in the Middle East.

The pan-European Stoxx 600 was provisionally 0.3% lower at the closing bell, with tech stocks up more than 1.3% while oil and gas stocks gave back 0.5%, having previously surged on the back of U.S.-Iran escalations.

Market focus is largely attuned to geopolitical developments following Washington's targeted killing of Iran's top military commander Qasem Soleimani in Iraq. Equity markets fell the past two sessions amid a flight to safety, but look to be changing course as Monday passed with no new escalation in tensions.

British luxury carmaker Aston Martin plunged more than 16% after issuing a profit warning on Tuesday morning.

Source: CNBC

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