European shares inched higher on Friday’s trading start, being focused on a speech by U.S. Federal Reserve Chief Jerome Powell for hints that the central bank is going to announce another interest rates cut as soon as next month.
With markets hypnotized in run-up to the highly-awaited speech at the Jackson Hole symposium at 14:00 GMT, a 30 percent jump for Peppa Pig-owner e1 Entertainment was the best-performer among European shares moves as Hasbro Inc offered to buy the owner of well-known kids' TV show "Peppa Pig" for nearly $4 billion in cash.
Kloeckner & Co securities also grew by 14.77 percent after a newspaper said Thyssenkrupp, diversified industrial group, was in merger talks to strengthen its commodities trading business.
That news helped the pan-European STOXX 600 index to grow by 0.55 percent, to 376.36 at 9.12 GMT.
The UK’s FTSE 100 gained 0.74 percent, to 7,181;
The Germany’s DAX, the France CAC 40 and Spain’s Ibex 35 added all 0.56-0.58 percent, to 11,815, 5,418 and 8,764 respectively.
Italian FTSE MIB rose by 0.42 percent, at 20,904 st 9.16 GMT.
The stock markets were volatile enough, as concerns over economy slowdown due to Sino-U.S.protracted trade war could tip the main economies into a recession were countered by hopes for central banks new stimulus.
Here are some individual stocks, which showed a shares jump on Friday: Nmc Healthcare Llc (+18.13), Hammerson (+9.19), Thyssenkrupp (+7.47), Easyjet (+4.51), Mediaset Espana (+4.10), Societe Generale (+3.59), ArcelorMittal (+3.59), Lufthansa (+3.15), UBI Banca (+2.35), Deutsche Bank (+2.13), Wirecard (+2.07), etc.