Germany’s DAX also climbed to a new high for this year, while France’s CAC 40 hit its highest level since mid-2015. Anglo led Europe’s basic resource stocks higher, the top sectoral gainers, up 3.5 percent. Antofagasta, Fresnillo, BHP Billiton and Randgold Resources were in the top gainers, up 4.4 to 5.7 percent. Banking stocks gained after the U.S. Federal Reserve raised interest rates. Renault was the top faller, after the French carmaker’s CEO Carlos Ghosn was targeted in a French diesel cheating probe.

Source: Daily News Egypt March 16, 2017 13:30 UTC