ReutersEuropean shares logged their best day in three weeks on Friday, as upbeat data out of major eurozone economies, as well as positive rhetoric on a US-China trade deal, ended a dour week on a positive note. The trade sensitive European miners jumped nearly 2 percent, erasing nearly all losses from earlier this week. 33percent, after two days of selling, as investors turned cautiously optimistic about a US-China trade deal and exporter stocks rose after the pound weakened on downbeat UK purchasing managers’ indices data. Hochschild shares endured their worst day since Aug. 2017, while Coats’ shares hit their lowest level in two-and-a-half years. A Conservative victory is seen as more likely to see through Brexit and it was this view that led the FTSE 250 to a more than one-year high earlier this week.


Source:   Taipei Times
November 23, 2019 15:56 UTC