Tuesday, 24 April 2018
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Europe Stocks Shrug Off Asia Weakness; Dollar Dips
Tuesday, 17 April 2018 14:35 WIB | MARKET UPDATE |Stoxx 600Saham Eropa

European stocks advanced, overcoming weakness in Asian markets in the wake of a mixed set of economic numbers from China. The dollar fell to the lowest level in two months and U.S. equity-index futures climbed.

The Stoxx Europe 600 Index rebounded from Monday™s retreat as miners and energy companies led gains. Technology shares paced declines on the MSCI Asia Pacific Index after ZTE Corp. in Greater China fell was blocked from buying crucial American technology; its suppliers fell. Equity gauges fluctuated throughout much of the Asian session, with Japan™s Topix closing lower. Taiwan™s tech-heavy benchmark was among the biggest underperformers.

The Stoxx Europe 600 Index gained 0.1 percent at 377.74 as of 8:05 a.m. London time.

Source : Bloomberg

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