ReutersEuropean stocks edged higher on Friday as investors treaded cautiously ahead of a critical G20 meeting where the outcome of US-China trade talks would be closely monitored against the backdrop of a slowing global economy. The pan-European STOXX 600 ended up 0.7 percent at 384.87 points, little changed from last week’s 384.76. Germany’s trade-sensitive DAX on Friday outperformed other major indices, rising 1 percent on the strength of top lender Deutsche Bank AG. He said Xi had promised to buy “tremendous” amounts of US agricultural products in exchange. Travel and leisure stocks surged 1 percent, the most among major European sectors, after shares of Madame Tussauds owner Merlin Entertainments PLC jumped 14 percent.

Source: Taipei Times June 29, 2019 15:56 UTC