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European Markets Higher After Latest Trade War Jolt
Thursday, 12 July 2018 15:18 WIB | MARKET UPDATE |Stoxx 600Saham Eropa

European stocks were slightly higher Thursday morning, as investors consolidated steep losses from the previous session when heightened fears of an escalation to the U.S.-Sino trade war soured sentiment.

The pan-European Stoxx 600 was up around 0.25 percent shortly at 381.44 after the opening bell, with almost all sectors and major bourses in positive territory.

Gerresheimer led the gains in Europe, up by 6 percent, after announcing an extension of its business model and an increase of its growth forecast. Moller-Maersk rose above 3 percent after a ratings upgrade from Goldman Sachs and Sky shares also rallied 2.7 percent after a renewed offer from Comcast. The latter submitted a $34 billion bid for the group just hours after Rupert Murdoch's Fox had increased its offer too.

Source : CNBC

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