Europe shares rise slightly amid relief after the Brexit

UNITED STATES (OBSERVATORY NEWS) — European shares opened slightly higher on Monday, as investors were relieved after Britain’s last exit from the European Union, but fears of a Chinese coronavirus spread enthusiasm.

By 0803 GMT, the European Stoxx 600 index was up 0.3 percent.

Britain officially left the European Union on Friday, ending years of financial and political uncertainty. The British leading stock index increased 0.2 percent.

But the expected economic repercussions of the Chinese virus outbreak have curbed buying, especially with Chinese stock indices collapsing at the open on Monday after a long holiday.

The European technology sector index was the best performer, climbing 0.9 percent.


This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.

Our Standards, Terms of Use: Standard Terms And Conditions.


Contact us: [email protected]

Stay connected with Observatory and Observatory Newsroom, also with our online services and never lost the breaking news stories happening around the world.

Support The OBSERVATORY from as little as $1 – it only takes a minute. Thank you.

We are OBSERVATORY — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes OBSERVATORY possible came from you.