German markets hope for calm reaction to Brexit deal
115 views · Published 2 December 2018 · 1:31 · Indexed 10 November 2026
Channel: AP Archive · 2018 · News & Politics
(26 Nov 2018) World markets were mostly higher on Monday as traders cheered a long-awaited deal bolstering Britain's exit from the European Union, even as opposition was rife. The German Dax benchmark index was trading 1.07 percent higher at 11,312.19 points on Monday. The index of medium-sized companies MDax climbed by 0.84 percent to 23,404.85 points. The leading Eurozone index EuroStoxx 50 rose by 1.07 percent to 3170.78 points. But analysts warned that British Prime Minister Theresa May failure to get the deal through Parliament in December would "drastically change" markets reaction to Brexit. May has urged lawmakers to back what she deems the "best possible deal," but is facing opposition from both pro-Brexit and pro-EU camps. Her critics include Arlene Foster, leader of Northern Ireland's Democratic Unionist Party (DUP), and former British Foreign Secretary Boris Johnson. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/273b773f63ccf6d4d7b7d9b8a6c2ed3f
