AGL 40.22 Increased By ▲ 0.21 (0.52%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.62 Increased By ▲ 0.02 (0.3%)
CNERGY 4.51 Decreased By ▼ -0.09 (-1.96%)
DCL 8.61 Increased By ▲ 0.13 (1.53%)
DFML 41.65 Increased By ▲ 0.17 (0.41%)
DGKC 87.00 Increased By ▲ 0.42 (0.49%)
FCCL 32.35 Increased By ▲ 0.21 (0.65%)
FFBL 65.25 Decreased By ▼ -0.17 (-0.26%)
FFL 10.19 Decreased By ▼ -0.06 (-0.59%)
HUBC 109.97 Decreased By ▼ -0.52 (-0.47%)
HUMNL 14.63 Decreased By ▼ -0.12 (-0.81%)
KEL 5.13 No Change ▼ 0.00 (0%)
KOSM 7.50 Increased By ▲ 0.38 (5.34%)
MLCF 41.58 Decreased By ▼ -0.07 (-0.17%)
NBP 59.60 Decreased By ▼ -0.49 (-0.82%)
OGDC 194.50 Decreased By ▼ -0.19 (-0.1%)
PAEL 28.15 Increased By ▲ 0.20 (0.72%)
PIBTL 7.82 Decreased By ▼ -0.18 (-2.25%)
PPL 152.30 Increased By ▲ 1.13 (0.75%)
PRL 26.53 Decreased By ▼ -0.35 (-1.3%)
PTC 16.10 Increased By ▲ 0.10 (0.63%)
SEARL 79.54 Increased By ▲ 1.34 (1.71%)
TELE 7.45 Increased By ▲ 0.06 (0.81%)
TOMCL 35.49 Decreased By ▼ -0.18 (-0.5%)
TPLP 8.25 Increased By ▲ 0.34 (4.3%)
TREET 16.05 Increased By ▲ 0.16 (1.01%)
TRG 52.72 Decreased By ▼ -0.04 (-0.08%)
UNITY 26.79 Increased By ▲ 0.24 (0.9%)
WTL 1.25 Decreased By ▼ -0.02 (-1.57%)
BR100 9,910 Decreased By -10.5 (-0.11%)
BR30 30,787 Increased By 35.1 (0.11%)
KSE100 93,372 Increased By 147.1 (0.16%)
KSE30 28,938 Increased By 53.2 (0.18%)
Markets

European shares hit record high, PMIs take spotlight

French business activity grew at a steady pace in December despite a nationwide strike against pension reform.
Published December 16, 2019
  • French business activity grew at a steady pace in December despite a nationwide strike against pension reform.
  • The pan-European STOXX 600 index gained 0.89pc to 415.68 points, surpassing the previous life-high made in April 2015.

LONDON: European shares hit an all-time high on Monday as a "totally done" initial trade deal between the United States and China kept the momentum rolling after a rally last week spurred by Britain's election.

The pan-European STOXX 600 index gained 0.89pc to 415.68 points, surpassing the previous life-high made in April 2015.

Trade-sensitive miners were the top gainers after U.S. Trade Representative Robert Lighthizer said over the weekend that a "phase one" U.S.-China trade deal will nearly double U.S. exports to China over the next two years and is "totally done".

Germany's DAX lagged its European peers, however, as Markit's Purchasing Managers' Index showed private sector activity shrank for the fourth month running in December as a downturn in manufacturing offset services sector growth.

French business activity grew at a steady pace in December despite a nationwide strike against pension reform, but the activity in the manufacturing sector came unexpectedly close to stagnating.

London's FTSE 100 jumped 1.2pc, with banks extending gains as British Prime Minister Boris Johnson eyed a vote in parliament soon to deliver his Brexit deal.

Comments

Comments are closed.