financetom
World
financetom
/
World
/
European Bourses Mixed Midday Monday as Trading Activity Slows Over Holiday Week
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
European Bourses Mixed Midday Monday as Trading Activity Slows Over Holiday Week
Dec 23, 2024 4:16 AM

06:50 AM EST, 12/23/2024 (MT Newswires) -- European markets were mixed midday Monday, as the shorter holiday week subdue trading activity.

Most Asian bourses and Wall Street futures were gearing up for recoveries from last week's losses.

In other regional news, final data from the Office for National Statistics showed that the UK's quarterly gross domestic product was unchanged in the three months to September, after expanding in the last two quarters.

Moving forward, the Bank of England warned of weaker-than-expected growth at the end of 2024 as it slashed its Q4 GDP growth forecast to zero from 0.3% previously.

The pan-continental Stoxx Europe 600 Index was 0.3% higher.

The Stoxx Europe 600 Technology Index was fell by 0.4%, and the Stoxx 600 Banks Index was up 0.1%.

The Stoxx Europe 600 Oil and Gas Index was up 0.1%, while the Stoxx 600 Europe Food and Beverage Index was down 0.5%.

The REITE, a European REIT index, fell by 0.3%, and the Stoxx Europe 600 Retail Index also fell by 0.3%.

On the national market indexes, Germany's DAX was down 0.1%, and the FTSE 100 in London was up 0.1%. The CAC 40 in Paris was inactive, and Spain's IBEX 35 was 0.1% lower.

Yields on benchmark 10-year German bonds were higher at 2.3%. Front-month North Sea Brent crude-oil futures were down 0.4% to $72.68 per barrel.

The Euro Stoxx 50 volatility index was up 1.2% to 17.03. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
China yuan slides to four-month low, state banks step in
China yuan slides to four-month low, state banks step in
Mar 22, 2024
(Updates to market close) SHANGHAI, March 22 (Reuters) - China's yuan declined to a four-month low against the dollar on Friday, breaching a key threshold and prompting state-owned banks to step in to defend the currency. In the spot market, the onshore yuan fell to the weak side of the psychologically important 7.2 per dollar level to hit a low...
DIARY-Europe's STOXX 600 corporate earnings week ahead
DIARY-Europe's STOXX 600 corporate earnings week ahead
Mar 22, 2024
March 22 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Company Event Name Start Date Start Time RIC Name (GMT) 25-Mar-2024 13:00 IMI.L IMI PLC IMI PLC Retail Investor Webinar 25-Mar-2024 07:00 KGF.L Kingfisher PLC Full Year 2024 Kingfisher PLC Earnings Release 26-Mar-2024 NTS HRA.MI Hera SpA Q4 2023 Hera...
MORNING BID AMERICAS-Dollar surges after central bank barrage, Apple bruised
MORNING BID AMERICAS-Dollar surges after central bank barrage, Apple bruised
Mar 22, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. dollar seems to have emerged a clear winner from the week's magical mystery tour of world central banks - with record high Wall St and world stocks getting a shot across the bow from Apple's ( AAPL ) antitrust bust. A whistle stop look...
European shares set for weekly gains; UK's Phoenix soars
European shares set for weekly gains; UK's Phoenix soars
Mar 22, 2024
* German business sentiment rises in March - Ifo * UK's Phoenix tops STOXX on upbeat outlook & results * Legal & General ( LGGNF ) up on shelving China business licence plan * STOXX 600 up 0.1% (Updated at 0918 GMT) By Shubham Batra March 22 (Reuters) - European shares were largely flat on Friday but maintained record highs...
Copyright 2023-2025 - www.financetom.com All Rights Reserved