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Mubasher: European equities remained stable on Monday, as the UK FTSE advanced on its own, as commercial developments and UK concerns were observed without agreement.
Financial services stocks were the largest in Europe, up 1.7%, while the worst performing sector was down 0.9%.
The British FTSE index has gained much concern over the completion of Bricast without agreement after official statements that an agreement could be reached if the EU reopened negotiations.
These worries led the pound sterling to lose more than 1% against the dollar at its lowest level in 28 months.
Regarding the evolution of trade, an American delegation is arriving today in Beijing to resume the outstanding discussions at the first meeting since the June trade truce.
At the same time, investors are awaiting the Federal Reserve's monetary policy decision at its meeting this week, while there is expected to a 25-point interest rate cut basic.
After a season of trading results, Ryanair lost 1.4% while its net profit fell 21% in the fourth quarter, but confirmed its estimates for the year.
At the end of the session, the Stoxx 600 index was established at 390.85 points, while the British FTSE rose 1.8% to 7 686.6 points, its best daily performance in six month.
While the German DAX stood at 12414.4 points, the French CAC lost 0.2% to 5,601.1 points.
At 16:10 GMT, the euro was up 0.1% to 1.1141 dollar.
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