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European Stocks Close Flat as Brexit Talks Hang In The Balance
Wednesday, 16 October 2019 23:25 WIB | MARKET UPDATE |Saham EropaStoxx 600

European stocks traded without any real direction Wednesday as investors pause for guidance on the likelihood of an imminent Brexit deal between the U.K. and the EU.

The pan-European Stoxx 600 slightly pared early losses to end the session just 0.05% at 393.46 below the flatline, with financial services falling 0.9% to lead losses while auto stocks climbed 1.6%.

Brexit negotiations hit a wall on Wednesday, the last day of talks before a crucial EU summit. Reports Tuesday night had indicated that a draft deal may be presented Wednesday, but further British media reports Wednesday cited EU diplomats as claiming talks had stalled over a future trade deal and fair competition clauses.

Source : CNBC

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