European stocks end up but show weekly losses



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DirectEuropean equity indices rose on Friday at the close, as global equity markets rallied and investors watched global bond yields, but European stock markets posted losses this week.

This week, equity markets fell sharply as bond markets became more worried about global economic growth, reflecting the yield curve for US and UK bonds.

But positive economic data released yesterday in the US has supported global equity markets as the US and Japanese markets finish their last trading session up.

Investors are also following the evolution of global trade, with US President Donald Trump having decided this week to partially postpone new tariffs on China until December instead of next month.

According to economic data, the Eurozone trade surplus declined more than badysts had predicted in June.

By the end of the session, the "Stoxx 600" index had risen by about 1.2% to 369.6 points, but had recorded losses of more than 0.5% during the sessions. the week.

The British FTSE rose 0.7% to 7,117.1 points, while it recorded a 1.9% loss over the week to end the day.

The German DAX index rose 1.3% to 11,562.7 points, while its weekly losses exceeded 1.1%.

The French "CAC" index rose 1.2% to close at 5,300.8 points, but it recorded losses of about 0.5% this week.

The British "FTSE" index experienced a technical malfunction at the beginning of today 's session, but the activity resumed two hours after the official start of the negotiations.

At 16:09 GMT, the euro was down about 0.1% against the dollar, to stand at 1.1091 USD.

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