By Investors Hub
European stocks are mostly higher on Tuesday as the U.S.-Mexico trade deal has helped boost optimism for an easing of global trade tensions.
While the German DAX Index has edged up by 0.2 percent, the French CAC 40 Index and the U.K.?s FTSE 100 Index are both up by 0.4 percent.
The pound hit a one-year low versus the euro after British Prime Minister Theresa May said that leaving the EU with no agreement in place ?wouldn’t be the end of the world.?
Lloyds Banking Group has moved to the upside after completing a 1 billion pound share buyback program.
NMC Health has also jumped after the British healthcare provider denied media reports regarding an acquisition of assets in India.
Melrose Industries has also rallied. The turnaround group behind the hostile takeover of engineering group GKN has put the sale of Ergotron on hold, the Financial Times reported.
Danish brewer Royal Unibrew has surged higher after the company achieved the best half-year results in the company?s history.
Meanwhile, lender Sydbank has slumped after unveiling its second-quarter earnings results.
In economic news, French consumer confidence held steady for the second straight month in August, in line with expectations, survey data from the statistical office Insee showed.
The consumer sentiment score came in at 97 in August, the same as in the previous two months.
more recommended stories
One-Month Treasury Yield Falls to 8.99%
By Dipo Olowookere The secondary market.
Nigeria’s Eurobonds Debt Rises to $10.9bn from $1.5bn in 2015
By Adedapo Adesanya Nigeria’s external debt.
LCCI to CBN: Cash Reserve Ratio of 22.5% too High
By Adedapo Adesanya The Lagos Chamber.
Nigerian Stocks Regain Freedom After 7-Day Hostage, up 0.20%
By Dipo Olowookere After being in.
Africa Prudential Grows Net Profit to N1bn in Six Months
By Dipo Olowookere Leading share registration.
Cadbury Nigeria Bounces Back to Profitability, Posts N669.9m PAT
By Dipo Olowookere The appointment of.
Nigeria to Sell Fresh N145bn Bonds Next Wednesday
By Adedapo Adesanya The Federal Government.
United Capital’s Revenue, PAT Drop 17% in H1 2019
By Dipo Olowookere The revenue generated.