European stocks achieve sixth weekly gain
Publish Date : 2019/11/15 - 09:27

European shares are on track to earn their sixth weekly gain on Friday. The increase followed by Wall Street rise in line with White House officials' positive views on US-China trade negotiations, which helped bolster trade-sensitive stocks such as miners, technology and automakers.

The STOXX 600 rose 0.4%.

White House economic adviser Larry Kudlow on Thursday cited optimism about a deal to end the 16-month trade war.

Miners were the top gainers which earn 1.5%.

Chipmakers Infineon's shares, electronics maker STMicroelectronics and ASML rose between 0.8% to 1%.

Telecom shares rose 2.5%.


Source: Reuters

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