European Shares Edge Higher With Economic Data In Focus

(RTTNews) - European stocks advanced on Monday after a survey showed activity in Germany's manufacturing and services sectors expanded in August.

Growth in French business activity eased in the month, while the Eurozone manufacturing PMI came in at 61.5 versus 62.0 expected and 62.8 last.

The bloc's services PMI dropped to a two-month low of 59.7 in August versus 59.8 expected, data showed.

The pan-European STOXX 600 inched up 0.2 percent to 469.81 after gaining 0.3 percent on Friday. The German DAX traded flat with a positive bias, while France's CAC 40 index climbed 0.6 percent and the U.K.'s FTSE 100 rose 0.3 percent.

Higher commodity prices helped lift miners, with Anglo American, Antofagasta and Glencore rising 1-2 percent.
See also:
Leave a comment
  • Latest
  • Read
  • Commented
Calendar Content
«    Декабрь 2021    »