European shares tick higher as Britons head to polls
Reuters
Published Dec 12, 2019 08:25
European shares tick higher as Britons head to polls
(Reuters) - European shares rose slightly on Thursday as investors awaited the outcome of a general election in Britain that will decide the fate of Brexit, as well as a policy meeting by the European Central Bank (ECB).
While all major opinion polls suggest the ruling Conservative Party will win Thursday's election, allowing them to pass a withdrawal deal and end 3-1/2-years of uncertainty, their lead seems to have narrowed recently.
Attention will also be on the remarks made by the newly appointed ECB chief Christine Lagarde on the future of stimulus and policy review as the current policy is expected to stay unchanged.
The FTSE 100 (FTSE) index comprising internationally-focused firms gained 0.2%, shrugging off the impact from a firmer sterling. The pan-European STOXX 600 (STOXX) index rose 0.1% at 0806 GMT.
Shares of Anheuser-Busch InBev (BR:ABI) fell marginally after Australia's competition regulator raised concerns over the brewer's $11 billion deal to sell its local operations to Japan's Asahi (T:2502).
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.