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European shares inch higher on Brexit relief; Coronavirus fears cap gains

Published 02/03/2020, 04:12 PM
Updated 02/03/2020, 04:16 PM
European shares inch higher on Brexit relief; Coronavirus fears cap gains
UK100
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STOXX
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SX8P
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(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
Feb 3 (Reuters) - European shares opened a tad higher on
Monday as investors were relieved that the UK finally exited the
EU, although concerns over the growing Chinese coronavirus
dampened enthusiasm.
The pan-European STOXX 600 index .STOXX rose 0.3% by 0803
GMT.
Britain officially left the EU on Friday, ending years of
financial and political uncertainty over the exit. Blue-chip
British stocks .FTSE added 0.2%. However, the likely economic fallout from a virus outbreak
in China kept buying constrained, especially given that Chinese
stock indexes crashed upon opening after a long holiday. .SS
Technology .SX8P was the best performer among the European
regional subindexes, adding about 0.9%.

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