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2/28/2019, 5:32 PM (Source: TeleTrader)
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Europe closes mixed after Trump-Kim summit

Major stock markets in Europe ended the trading session mixed on Thursday, after the summit between United States President Donald Trump and North Korean leader Kim Jong-un ended without a joint statement. Trump declined to sign the draft claiming "it wasn't appropriate," adding he wants "to do it right." Meanwhile, United Kingdom's agriculture minister George Eustice resigned citing the possibility of Brexit being delayed.

France's Economy Minister Bruno Le Maire criticized the decision of the government of the Netherlands to double its stake in Air France–KLM to 14%. In data, consumer prices in Germany increased 1.6% in February on an annual basis.

The DAX added 0.29% at the closing bell, with Covestro as the best performer, up bu 3.55%. The CAC 40 jumped 0.40% as media conglomerate Vivendi spiked 5.37%, while the FTSE 100 slid 0.25%. Easyjet led the losses in London, tumbling 6.40% at the close.

The euro was up by 0.10% against the US dollar at 5:42 pm CET, going for $1.13823. At the same time, the pound retreated 0.17% against the greenback, buying $1.32844.

Breaking the News / NI