European stocks edged up to fresh one-month peak on Friday as U.S.-China trade tensions eased, while corporate results supported markets.
Photo: Reuters
The Stoxx Europe 600 index was up 0.2% at 379.50.
Germany’s DAX 30 index was 0.4% higher at 12,469.13, while France’s CAC 40 surged 0.2% to 5,318.98. The UK’s FTSE 100 index shed 0.1% to 7,254.68.
Rolls-Royce lost 2.2% after the company warned of extra inspections of some engines, which could lead to higher costs in 2018.
Shares of Volkswagen rose 1.1% after the German concern announced the resignation of the chief executive officer of the company Matthias Muller.
Shares in Hammerson Plc slumped 12,5% as Klepierre SA has abandoned its plan to buy London-based counterpart.