Economic news

European stocks inch higher, following Asia and Wall Street

European stocks ticked up in morning deals on Monday as investors focused on central banks policy meetings this week.

Photo: Reuters

The Stoxx Europe 600 index gained 0.5% to 383.01. Germany’s DAX 30 index advanced 0.5% to 12,540.7 and France’s CAC 40 rose 0.5% to 5,346.12. The UK’s FTSE 100 edged up 0.3% to 7,267.62.

Shares of Bank of Ireland fell 3.5%. Hiscox Ltd. Dropped 4.7%. Shares of Deutsche Bank increased 0.7%.

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