European shares rose on Friday, with London stocks outperforming due to a weaker...
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 19, 2019. REUTERS/Staff
- European shares rose on Friday, with London stocks outperforming due to a weaker pound, while hopes of a quick resolution to the U.S.-China trade war offset worries of slowing economic growth and rising political risks.up almost 1%, led by gains in oil majors and miners. The United States and China are prepping for another round of high-level trade talks scheduled for Oct. 10 and 11 in Washington, aimed at resolving their near 15-month long trade dispute.
The European basic resources sector .SXPP jumped 1.4%, powered by a rise in shares of Norwegian aluminum company Norsk Hydro , which gained 1.9%, after a Brazilian court lifted its final production embargo on the company’s key plant.
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