US-China trade talks' hope lifts European shares

At 0712 GMT, the pan-European STOXX 600 was up 0.25 percent at 382.01 points, with most markets across the continent gaining.

US-China trade talks' hope lifts European shares
Shares in British contractor G4S fell close to 2 percent after the British government took over running a prison after an inspection found it had fallen into a "state of crisis". (Image Credit: Twitter)

Hopes that the United States and China might find a compromise to resolve their trade dispute lifted European shares on Monday, while Turkey's currency crisis showed no immediate sign of worsening.

At 0712 GMT, the pan-European STOXX 600 was up 0.25 percent at 382.01 points, with most markets across the continent gaining.

British software group Sage posted the worst performance, down 6.6 percent after a rating downgrade of its stock by Deutsche Bank, two traders said.

Shares in British contractor G4S fell close to 2 percent after the British government took over running a prison after an inspection found it had fallen into a "state of crisis".

While the second-quarter earnings season nears its end, NMC Health rose 3.2 percent, at the top of the STOXX index, after publishing a trading update.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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