VIDEO | Trump-Kim Summit Boosts European Stocks
Europe’s stock markets rose at the open on Tuesday, as investors responded warmly to US President Donald Trump’s historic Singapore summit with North Korea’s leader Kim Jong Un.
In initial trade, London’s benchmark FTSE 100 index of major blue-chip companies advanced almost 0.3 per cent to 7,757.89 points.
In the eurozone, Frankfurt’s DAX 30 added 0.6 per cent to 12,924.03 points and the Paris CAC 40 gained 0.4 per cent to 5,494.83, compared with the closing levels on Monday.
“The market focus of the world is focused on the events taking place in Singapore, with history being made today as Donald Trump became the first sitting American president to meet face-to face with a North Korean leader,” said analyst Lukman Otunuga at traders FXTM.
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