European Indexes Boosted by Energy Stocks on Higher Oil Price

Dow Jones
Aug 11

0728 GMT - European indexes are up in early trading, boosted by energy stocks due to a rise in oil prices on uncertainty over the reopening of the Strait of Hormuz and any Middle East peace deal. The Europe-wide Stoxx 600 is up 0.1%, Germany's DAX rises 0.01% and France's CAC 40 rises 0.04% after all closed at new records Monday. London's FTSE 100 index is up 0.03%, boosted by oil majors BP and Shell, which are up 1.5% and 1.1% respectively.

 

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