Europe: Shares rise on trade optimism, Germany up 1%

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[BENGALURU] German shares logged their best day in six weeks on Wednesday, leading the charge among European shares, as sentiment was lifted by signs of progress in US-China trade relations a day ahead of high-level talks between the two parties. Read more at The Business Times.

German shares logged their best day in six weeks on Wednesday, leading the charge among European shares, as sentiment was lifted by signs of progress in US-China trade relations a day ahead of high-level talks between the two parties.[BENGALURU] German shares logged their best day in six weeks on Wednesday, leading the charge among European shares, as sentiment was lifted by signs of progress in US-China trade relations a day ahead of high-level talks between the two parties.

"But there's scant evidence that the two sides are willing to change their positions enough to break out of the current deadlock."Exporter-heavy German shares added 1 per cent and the pan-European Stoxx 600 index rose 0.4 per cent recovering from Tuesday's 1 per cent decline when hostility from both sides in the US-China dispute dented sentiment.

Along with a rally in Ryanair and easyJet after a day of steep falls, it lifted last session's worst performing travel and leisure sector 0.5 per cent.

 

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