Europe stocks close higher after Brexit deal is rejected again

European shares closed off session highs higher on Friday after British Prime Minister Theresa May lost another crucial Brexit vote in the U.K. Parliament.

The pan-European Stoxx 600 index closed provisionally 0.56 percent higher on the last trading session of the month. For the week, the index of European blue chip stocks finished 0.78 percent higher.

May’s draft proposal to leave the EU, which has been signed off by EU officials in Brussels, was beaten by 344 votes to 286, a margin of 58 votes. Friday’s vote was considered slightly different as it only covered the “withdrawal deal” — a near 600-page treaty that agreed citizen’s rights after Brexit, a £39 billion ($51 billion) divorce deal and how to treat the Irish land border.

Source: https://www.cnbc.com/2019/03/29/european-markets-stocks-set-to-climb-on-us-china-trade-optimism.html?__source=twitter%7Cmain

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