European Shares Up on Trade Deal (Market Trading)


European stocks finished in the green on Thursday, tracking gains on Wall Street, after US President Trump said in a tweet that he will meet with Chinese Vice Premier Liu He at the White House on Friday, rising hopes of a trade deal. Negotiations between Beijing and Washington are due to recommence later on Thursday. Back in the UK, a joint statement saying “The Prime Minister (Johnson) and Taoiseach (Varadkar) have had a detailed and constructive discussion. Both continue to believe that a deal is in everybody’s interest. They agreed that they could see a pathway to a possible deal”, lifted investors’ mood. The DAX 30 increased 70 points, or 0.6% to 12,164; the FTSE 100 rose 20 points, or 0.3% to 7,186; the CAC 40 jumped 70 points, or 1.3% to 5,569; the IBEX 35 gained 113 points, or 1.3% to 9,104; and the FTSE MIB advanced 223 points, or 1% to 21,756.


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