European shares higher in spite of concerns over new coronavirus strain
European shares had been larger Tuesday morning, trying to get better from a brutal sell-off within the earlier session, as traders sentiment was shaken by a brand new coronavirus pressure within the U.K.
TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME .FTSEFTSE 100FTSE6440.5524.230.38118762501.GDAXIDAXDAX13412.65166.351.2611862287.FCHICAC 40 IndexCAC5455.4962.151.1511674482
The pan-European Stoxx 600 traded 1.1% higher, with Germany’s DAX and France’s CAC indexes each rising round 1.3%. Britain’s FTSE 100 bucked the development to descend round 0.2%. Banking shares had been the highest gainers, up 2.2%, with Lloyds climbing over 4% to steer the sector.
European markets got here beneath heavy promoting stress Mon amid issues over a fast-spreadin...