Investing.com - Financial Markets Worldwide
🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

European stocks hover below record highs, Italy outperforms

Published 12/20/2019, 04:34 PM
Updated 12/20/2019, 04:40 PM
European stocks hover below record highs, Italy outperforms
IT40
-
SHEL
-
ISP
-
STOXX
-
NEXII
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
LONDON, Dec 20 (Reuters) - European stocks were made tiny
moves on Friday as trading volumes thinned into Christmas,
although Italian shares outperformed on some positive company
updates.
The STOXX 600 .STOXX rose just 0.1% by 0824 GMT, still on
course to end a second week with gains and trading about 1
percent below all-time highs.
That followed record-setting gains on Wall Street after U.S.
Treasury Secretary Steven Mnuchin said an initial U.S.-China
trade deal would be signed in early January.
European stocks have been less bullish this week amid fresh
concerns over a no-deal Brexit.
While other regional indexes were flat flat, Milan-listed
shares .FTMIB gained 0.7%, led by payments group Nexi
NEXII.MI , which rose 2.8% after Intesa SanPaolo ISP.MI said
it was selling its retailers' payment business to Nexi in a 1
billion euro ($1.1 billion) deal. Other big movers include Royal Dutch Shell RDSa.L , which
slipped 0.8% after saying it expects impairment charges of up to
$2.3 billion in the fourth quarter and trimmed its forecast for
quarterly oil production sales. Final reading of UK's third quarter GDP, eurozone consumer
confidence numbers are due for release later in the day.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.