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EU markets rally, Telecom Italia shares slip by 8%...

  • Regular
  • Economy
  • 9 months ago
  • 154

The Eurozone’s indices enjoyed gains all across the board as there seems to be some progress on the U.S.-China trade standoff.

The Stoxx Europe 600 climbed by 1.4% and is on a 4-day win streak with a 1.9% rise for the week.

Coming up on top of the board was Frankfurt’s DAX 30 which soared by 1.9% while Paris’s CAC 40 powered up by 1.6% thanks to Renault’s shares rising by 1% as its sales for 2018 increased by 3%.

London based FTSE100 index, too enjoyed gains of 1.6%.

The Italian borsa, FTSE MIB, advanced by 1.1%, although shares of Telecom Italia tumbled by 8%.

 

 

Source: Smart Trend Team