LONDON (Reuters) – 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 <.STOXX> was up 0.25 percent at 382.01 points, with most markets across the continent gaining.
British software group Sage <SGE.L> 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 <GFS.L> 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 <NMC.L> rose 3.2 percent, at the top of the STOXX index, after publishing a trading update.
(Julien Ponthus and Helen Reid, editing by Larry King)