Brexit reprieve boosts European shares

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European stock markets rose on Friday, relieved at the European Union's agr...

- European stock markets rose on Friday, relieved at the European Union’s agreement on a two-week reprieve that precludes Britain crashing out of the bloc without a deal next week.

After two days of losses, the pan-European STOXX 600 index rose 0.3 percent, led by 0.6 percent gains for Germany’s DAX and a 0.2 percent rise in French stocks. Shares in Deutsche Bank, up earlier this week on the prospect of a merger with Commerzbank, rose more than 2 percent after disclosures showed its board members received their first bonuses in four years.

 

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HEADLINE 2037 BREXIT vote drives market down

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