European stocks led higher by tech shares, but U.K. shares lag

European stocks rose Tuesday, carried higher by advances among tech and consumer-related shares. The Stoxx Europe 600 picked up 0.3% to 393.02, after finishing the previous session at its highest since June 5. Germany’s DAX 30 was up 0.4% at 12,934.08 and France’s CAC 40 gained 0.4% to 5,331.52, after French President Emmanuel Macron’s party won a parliamentary majority in the weekend’s elections. But the U.K.’s FTSE 100 was down less than 1 point at 7,423.54, with Barclays PLC down 0.4% after the bank and four former executives were charged with fraud in the U.K. over fundraising in Qatar . Lighting manufacturer Osram Licht AG climbed 4%, topping the Stoxx 600, while serviced-offices provider IWG fell to the bottom of the index by losing 6.3%.

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From:: Stock Market News

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