European shares rise after ECB keeps ultra-easy policy

Click For Larger Image & Read More
European shares rise after ECB keeps ultra-easy...
 © BusinessMail 2017
By Danilo Masoni

European shares rose on Thursday after the European Central Bank reaffirmed its ultra-easy policy stance and said details on the future of its massive stimulus would come in October.

A fifth day of gains in auto stocks, however, helped German shares shrug off a spike in the euro as cheap valuations have revived investor interest in the sector.

While the pan-European STOXX 600 index was up 0.5 percent, the export oriented German blue-chip index rose 1 percent to its highest level in more than six weeks.

The euro jumped to a nine-day high as the ECB broadly...


European shares rise after ECB keeps ultra-easy policy


The contents of this article including any associated images are © BusinessMail 2017

  • Click Here
Advertise Here

Trending Cyprus News

Article Tags: european, shares, after, keeps, ultra, policy,

 

  • Click Here
Advertise Here

24hr News