The gains were led by telecoms stocks, which gained 1.4 per cent boosted by the world's second largest mobile operator Vodafone after it increased its full-year earnings guidance.
Among trade-sensitive chipmakers, Dialog Semiconductor took the spotlight, jumping 7 per cent after it lifted its gross and operating margin forecasts. Among losers, Barry Callebaut's 6 per cent slide stood out, after investment firm Jacobs Holding said it was selling a 2.85 per cent stake in the company.Spanish stocks underperformed the broader market to slip 0.9 per cent after the Socialists and far-left Unidas Podemos reached a preliminary coalition deal to form a government following a weekend general election that delivered a highly fragmented parliament.
Nuria Alvarez, analyst at Madrid-based brokerage Renta 4, said scepticism remains over whether the preliminary agreement would amount to a working government.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooSG - 🏆 3. / 71 Read more »