ReutersEuropean shares on Friday clocked a record closing high after European Commissioner for Trade Phil Hogan struck a positive tone on talks with Washington and on optimism over signs of resilience in China’s economy. The pan-European STOXX 600 on Friday rose 3.82 points, or 0.9 percent, to 424.36, its best week since Dec. 20 and a jump of 1.2 percent from a close of 419.14 on Jan. 10. It also added to investor optimism after the US and China signed a trade deal earlier in the week. Stocks in Germany, the EU’s largest economy, rose 0.7 percent, with technology stocks serving as the biggest boost. Polish video game developer CD Projekt SA was the biggest loser on the STOXX 600, dropping 5.6 percent after it postponed the release of its widely awaited game Cyberpunk 2077.


Source:   Taipei Times
January 18, 2020 15:56 UTC