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European shares hit two-week high on hopes of smooth Brexit

Published 10/15/2019, 03:22 PM
Updated 10/15/2019, 03:30 PM
European shares hit two-week high on hopes of smooth Brexit

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
Oct 15 (Reuters) - European shares climbed to a two-week
high on Tuesday, as markets cheered comments from the European
Union's chief Brexit negotiator that a deal with Britain over
the terms of their divorce was still possible this week.
The pan-European STOXX 600 index .STOXX rose 0.6% by 0709
GMT with some British banks leading gains.
The UK-focused midcap FTSE 250 .FTMC gained 0.8%, while
Dublin's ISEQ .ISEQ rose 1.5%.
Michel Barnier's remarks on Brexit gave investors fresh
hopes that Britain would be able to clinch a deal to ensure a
smooth exit from the bloc on Oct. 31. Recruiter Hays Plc HAYS.L jumped 5.5% and was the biggest
gainer on the benchmark index, after the company reported flat
first-quarter net fees as strong hiring in the United States and
China offset a drop in the United Kingdom. L3N2701K6

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