LONDON, Jul 18 (Reuters) – European stock market was higher on Monday with technology shares advancing after a proposal by the British company ARM, allowing markets outweighed concerns about Turkey weighed on some stocks travel and financial.
index of top European shares FTSEurofirst 300 rose 0.18 percent, to 1,338 points. But the pan-European index STOXX 600 advanced 0.23 percent to 338 points.
The shares of ARM were up more than 40 percent after the Japanese SoftBank agree to pay 24.3 billion of pounds (32.2 billion dollars) by the designer of chips.
The rival ARM, such as Dialog Semiconductor, AMS and Infineon, also had gains, leading the technology index STOXX Europe 600 to a high of 3.5 percent.
the pound falling to a minimum of three years against the yen after the UK’s decision to leave the European Union has the ARM more attractive to SoftBank.
However, the actions of operators tourism as Thomas Cook and TUI fell, as analysts the attempted coup in Turkey affected the tourism companies for which Turkey is a major holiday destinations.
LONDON, the Financial Times index rose 0.39 percent to 6,695 points.
In FRANKFURT, the DAX index fell 0.04 percent to 10,063 points.
In PARIS, the CAC-40 index lost 0.34 percent to 4,357 points.
in MILAN, the FTSE / Mib index has risen 0.08 percent to 16,762 points.
in MADRID, the IBEX-35 index recorded a low of 0.08 percent at 8,524 points.
in Lisbon, the PSI 20 index increased by 0.31 percent to 4,575 points.
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