European markets close higher as investors monitor coronavirus developments
25 Aug 2020 | SET News
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European markets close higher as investors monitor coronavirus developments
European stocks closed higher on Monday as investors weighed the latest financial, geopolitical and coronavirus news worldwide.
The Stoxx Europe 600 index ended up by 1.6% on Monday with almost all sectors and major bourses in positive territory.
European stocks are following the trend set by their counterparts in Asia Pacific, where stocks were higher in Monday trade as investors continued to watch developments in the coronavirus pandemic.