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European Stocks Surging Higher As Traders Shrug Off Trade Concerns

(RTTNews) - Despite the uncertainty about U.S.-China trade deal and the ongoing unrest in Hong Kong, European stocks are moving higher on Tuesday with investors tracking economic data, earnings reports and other corporate news for direction.

Automobile, bank and resources stocks are among the prominent gainers.

The pan European Stoxx 600 is up 0.62%. The U.K.'s FTSE 100 is rising 1.23%, Germany's DAX is up 1% and France's CAC 40 is gaining about 0.4%, while Switzerland's SMI is up by about 0.7%.

In the U.K. market, Halma shares are up more than 11% after the company said its adjusted profit for the first-half rose 14% and earnings per share increased by 15%.

Intertek Group is gaining 4.7%, Hargreaves Lansdown is up 3.2% and Standard Life is advancing 2.5%.
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