Friday, 22 November 2019
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European Stocks Close Lower Ahead Of Crucial Weekend Brexit Showdown
Friday, 18 October 2019 23:21 WIB | MARKET UPDATE |Saham EropaStoxx 600

European stocks closed lower Friday afternoon as traders await signals as to whether a Brexit deal agreed between the U.K. and EU will pass muster with British lawmakers in parliament.

The pan-European Stoxx 600 ended lower by 1.15%, with autos trading down 1.45 % on the back of a profit warning from Renault, while basic resources added 0.33%.

U.K. Prime Minister Boris Johnson agreed a new Brexit deal which was unanimously backed by European Union leaders on Thursday, but must now fight to secure approval from British MPs (Members of Parliament) in a vote on Saturday if he is to succeed in taking Britain out of the bloc on October 31.

Source : CNBC

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