TELETRADER News
4/9/2020, 5:31 PM (Source: TeleTrader)
more TeleTrader news

Europe closes in green as COVID-19 woes diminish

Equities on major European stock markets finished Thursday's session with gains as the most-affected European countries started to see a decline in new coronavirus-related deaths and cases. Spain and the United Kingdom recorded a drop in daily fatalities from the infection, while France, Italy and Germany are expected to reveal their updates later in the day.

On the data front, Germany's trade surplus increased in February as exports went up by 0.4%, while the United Kingdom said its trade balance soared £6.6 billion over the same month.

The DAX surged 2.22% at the closing bell with MTU Aero Engines adding over 6% while the FTS 100 in London went up by 2.81% at the same time as Just Eat jumped over 13%. The CAC 40 in Paris gained 1.17% to end the session led by Sodexo's gains of nearly 14%.

The euro increased by 0.65% against the dollar, changing hands for 1.09289 at 5:33 pm CET.

Baha Breaking News (BBN) / GA