Friday, 21 September 2018
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European markets finish on an upbeat note as autos, miners climb
Friday, 14 September 2018 23:17 WIB | MARKET UPDATE |Stoxx 600Saham EropaStoxx Europe 600

European stocks ended Friday's session on a positive note, as a strong performance by markets overseas lifted sentiment.

The pan-European STOXX 600 closed up 0.35 percent at 377.85; however, on the week, it soared 1.09 percent.

On the bourses front, the U.K.'s FTSE 100 rose 0.31 percent, the French CAC 40 jumped 0.46 percent and the German DAX closed up 0.57 percent. Almost all of the region's sectors finished in the black, with the exception of utilities, retail and media.

Europe's automakers and miners were the top performing sectors on Friday, with both industries rising some 1 percent or more each. Sentiment was boosted for both groups on signs that trade tensions could be easing. Overnight gains seen in Asia and a solid performance on Wall Street also provided a boost to European stocks.

Source: CNBC

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