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European Shares Close Slightly Higher Ahead of Christmas Shutdown
Monday, 23 December 2024 23:58 WIB | MARKET UPDATE |Saham EropaStoxx Europe 600

European markets closed just above the flatline on Monday as a shortened trading week began in the run-up to Christmas.

The pan-European Stoxx 600 index provisionally ended the session 0.07% higher, with sectors in mixed territory.

Trading is expected to be relatively muted in the run-up to Christmas, with European markets set to be closed, or close early, for Christmas Eve and remain shut on Christmas Day.

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

The carmakers confirmed on Monday that they had begun merger talks. Shares of France's Renault, which owns a minority stake in Nissan, closed 1% higher.

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

Source : CNBC

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