Europe ends higher as Trump arrives in London

Markets 7/12/2018, 5:32 PM
Europe ends higher as Trump arrives in London

European stocks finished a day of trading in the green on Thursday as investors switched their focus on the United States President Donald Trump's visit in the United Kingdom that started today. Meanwhile, market watchers have decreased their trade war fears sparked by Washington's latest decision to introduce further tariffs on Chinese goods. The US prepared a list of $200 billion worth of Chinese goods that will be subjected to additional tariffs. China responded with criticism, saying the US decision is "unacceptable" and warning that it will take countermeasures.

In Germany, the DAX ended a day of trading 0.61% higher, led by the gains in the healthcare industry.

French CAC 40 rose 0.85% at the closing bell.

In London, the FTSE 100 closed 0.82% higher. Astrazeneca was the main advancer, up 3.64% at the close.

The euro gained 0.13% against the US dollar to go for 1.1686 at 5:38 pm CET while it declined 0.08% against the British pound to sell for 0.8833 at 5:39 pm CET.

Breaking the News / VK

Share:

UK 100 Index-0.20%

7,014.00
Chart for: UK 100 Index

EUR/USD-0.16%

1.1398
Chart for: EUR/USD Spot

Germany 30 In...-0.19%

11,346.12
Chart for: Germany 30 Index

France 40 Ind...-0.11%

5,031.00
Chart for: France 40 Index