BR100 Decreased By (-0.3%)
BR30 Decreased By (-0.28%)
KSE100 Decreased By (-0.27%)
KSE30 Decreased By (-0.33%)
AGHA 7.80 Decreased By ▼ -0.01 (-0.13%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.99 Increased By ▲ 0.49 (0.85%)
BOP 34.20 Increased By ▲ 0.17 (0.5%)
CNERGY 9.90 Decreased By ▼ -0.06 (-0.6%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.51 Decreased By ▼ -0.19 (-0.35%)
FFL 16.70 Increased By ▲ 0.01 (0.06%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.33 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.72 Decreased By ▼ -0.05 (-0.87%)
LOTCHEM 29.42 Increased By ▲ 0.10 (0.34%)
MLCF 93.49 Decreased By ▼ -0.87 (-0.92%)
NBP 201.95 Decreased By ▼ -1.10 (-0.54%)
NCPL 56.60 Decreased By ▼ -0.40 (-0.7%)
NPL 67.60 Decreased By ▼ -0.10 (-0.15%)
OGDC 316.35 Increased By ▲ 0.51 (0.16%)
PACE 10.67 Increased By ▲ 0.03 (0.28%)
PAEL 42.90 Decreased By ▼ -0.30 (-0.69%)
PIBTL 16.62 Decreased By ▼ -0.12 (-0.72%)
PPL 218.70 Decreased By ▼ -1.08 (-0.49%)
PRL 49.35 Increased By ▲ 0.16 (0.33%)
PTC 70.50 Decreased By ▼ -0.03 (-0.04%)
SSGC 27.85 Decreased By ▼ -0.40 (-1.42%)
TBL 9.73 Decreased By ▼ -0.13 (-1.32%)
TELE 8.72 Decreased By ▼ -0.07 (-0.8%)
TPL 18.12 Decreased By ▼ -0.12 (-0.66%)
TPLP 13.34 Increased By ▲ 0.07 (0.53%)
TREET 22.74 Increased By ▲ 0.02 (0.09%)
TRG 60.00 Decreased By ▼ -0.14 (-0.23%)

LONDON: Europe's stock markets rose in early deals on Monday despite data showing that China's economy grew at its weakest pace in nearly three decades, slammed by the US trade war.

London's benchmark FTSE 100 index gained 0.2 percent to 7,521.51 points, compared with the close on Friday.

In the eurozone, Frankfurt's DAX 30 won 0.8 percent to 12,425.87 points and the Paris CAC 40 added 0.4 percent to 5,597.17.

Asian markets however sank on weak second-quarter growth in China, which is the world's second largest economy after the United States.

China's economy expanded 6.2 percent in the second quarter, the worst reading since the early 1990s, data showed.

"There's no doubt in anyone's minds that the trade war is a major contributing factor here," noted Oanda analyst Craig Erlam.

The reading was however in line with forecasts and within the Chinese government's target range.

Copyright AFP (Agence France-Press), 2019

Comments

Comments are closed for this article.