Thu, 08 Aug 2013 11:23:11 GMT
European stocks climb on China's trade balance
European equities gained after latest reports showed that Chinese trade balance has contracted in July. The nations exports grew 5.1%, while imports rose by 10.9%. Analysts predicted export growth of 1.5% and an import increase of 1%. The European Euro Stoxx 50 added 0.4% to 2,805.69. Germany's DAX traded 0.35% higher to 8,289.51.