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Home International Markets

European stocks end higher, Stoxx Europe 600 climbs 0.5%

byCustoms Today Report
08/01/2015
in International Markets
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ROME: European stocks closed higher in late trading, and futures ascended amid shareholders optimism that a weaker-than-forecast inflation report would boost up the case for the European Central Bank to begin quantitative lessening.
The Stoxx Europe 600 Index added 0.5 per cent to 333.2 at the close, after earlier rising as much as 1.2 per cent. The gauge was boosted by data showing the euro-area inflation rate fell below zero for the first time in more than five years.
In Dublin, the Iseq Overall Index declined by 0.24 per cent to 5,073.83. Figures published by the Irish Stock Exchange yesterday showed that the Iseq rose by 15.09 per cent in 2014 as a whole.

Tags: European Central BankEuropean stocksinflation reportshareholder optimismstoxx Europe 600

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