Europe closes mostly higher as voters in US head to polls - Breaking The News
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Europe closes mostly higher as voters in US head to polls

EPA-EFE/ANDRE PAIN

Major stock equities in Europe ended Tuesday's trading session mostly with gains as investors kept a close eye on the presidential election in the United States that will determine the course of US policy for the next four years. At the same time, traders assessed the latest decision by the European Council to introduce value-added tax (VAT) on the platform economy.

The DAX increased 0.50% as Heidelberg Materials ON increased 2.74%. The Euro Stoxx 50 rose 0.39% after Safran SA jumped 2.99%. TCAC 40 posted a gain of 0.48% in the aftermath of Bouygues rising 3.09%. On the other hand, the FTSE 100 was down 0.14% with Schroders plummeting 5.19%.

On the currency front, the euro gained 0.39% against the dollar, to sell for $1.09182 at 5:26 pm CET. At the same time, the pound sterling added 0.49% compared to the dollar, trading for $1.30149 a minute later.

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