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European Markets Open Mixed as Christmas Week Begins
Monday, 23 December 2024 16:23 WIB | MARKET UPDATE |Eropasaham-saham eropa

European markets were mixed on Monday as a shortened trading week begins ahead of Christmas.

The pan-European Stoxx 600 index hovered above the flatline during early morning deals, with most sectors and all major bourses in negative territory.

Trading is expected to be relatively quiet ahead of Christmas, with European markets set to be closed, or close early, for Christmas Eve and remain closed on Christmas Day.

Overnight, Asia-Pacific markets started the week on a positive note, with investors digesting a press conference related to the merger of Japanese automakers Honda and Nissan.

The automakers confirmed Monday that they have begun merger talks. Shares of France's Renault, which owns a minority stake in Nissan, were down about 0.7% as of 9:08 a.m. London time.

In Europe, revised figures showed the U.K. economy stagnated in the third quarter of this year, with GDP growing 0% in the three months to September.

Source: CNBC

 

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