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European stocks rise slightly ahead another UK vote on Brexit

Economies.com
2019-03-13 11:31AM UTC

European stocks rose limitedly on Wednesday as investors continued to avoid risks while assessing developments over the UK's exit from the European Union. The British parliament is expected to do another vote on Brexit, this time around the country's exit without agreement.

 

As of 10:55 GMT, Stoxx Europe 600 gained more than 0.1%, the index ended yesterday's session down by less than 0.1% amid volatile trading ahead of the British Parliament's vote on Brexit.

 

Stoxx Europe Index rose on Wednesday's morning sessions to try to make the second gain in the last three sessions, with most of the major markets and sectors in the region on green but the gains so far are limited.

 

In London, FTSE 100 remained unchanged, as investors anticipate a new vote in the British parliament, this time around the country's exit from the European Union without a deal.

 

On Tuesday, nearly 391 vs 242 members of parliament have voted against the BPM Theresa May's plan to exit from the European Union (Brexit) in..

 

British lawmakers will vote on that later on Wednesday to whether the UK should leave the EU without an agreement or not. but If the lawmakers rejects that motion, another vote will be held in the parliament on Thursday to postpone the date of the March 29 break.

 

S & P 500 futures rose 0.2%, and the index ended yesterday's session on wall street by 0.3%, the second consecutive daily gain.

 

Euro Stoxx 50 also rose 0.2%. In France, CAC 40 index rose 0.2%, while in Germany, DAX was down 0.1%.

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