European stocks finish at highest in over six months

Dienstag, 16. April 2019 17:37

Investors were impressed on Tuesday with first quarter results of companies in the United States at the start of the earnings season, helping stock indexes in Europe to the strongest levels in more than half a year. Equities were also underpinned by a rise in confidence among analysts, measured by the Leibniz Centre for European Economic Research (ZEW) for Germany.

The FTSE 100 advanced 0.44% to 7,469.92 points, the highest mark since October 3. WPP outperformed other constituents with a 2.76% jump.

The German DAX was 0.67% in the green at 12,001.32, finishing above the psychological 12,000 barrier for the first time since October 5. Stock exchange operator Deutsche Boerse was at the top of the chart, rallying 4.07%. It was followed by Wirecard's 3.56% gain. The CAC 40 ended 0.42% up, almost at the session high, at 5,531.65. The closing was the best since September 27, led by Publicis' spike of 4.13%. The euro was down 0.11% at 5:37 pm CET, buying $1.1291, and the pound fell 0.38% to $1.30495.

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