European shares mostly higher after earnings, BoE decision

Thursday, 01. August 2019 17:37

Major markets in Europe closed the first trading day of August mixed after the Bank of England announced its decision to keep the interest rates unchanged. Britain's central bank warned that the country's economic growth may slow down in 2020, as well as that the chances of a no-deal Brexit scenario have increased "significantly." In the meantime, data showed that the manufacturing sector in the Eurozone contracted for the sixth consecutive month.

The FTSE 100 was trading flat at the closing bell, while the French CAC 40 ended the session 0.63% higher. Societe Generale SA and EssilorLuxottica were the best performers, gaining 6.03% and 4.20%, respectively. In the meantime, the DAX finished 0.46% higher, with Deutsche Borse NA as the main advancer with its 5.19% jump.

The euro lost 0.08% against the greenback to go for 1.1067 at 5:35 pm CET, while the British pound fell 0.13% compared to the dollar, changing hands for 1.2144 concurrently.

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Breaking the News / MA