Both the STOXX 50 and the STOXX 600 traded around the flatline on Monday, as investors adopted a cautious stance amid a lack of fresh catalysts. The only notable data release was the UK's final GDP growth figures, which confirmed the preliminary estimate.
Trading conditions are expected to remain subdued this week, as the schedule is shortened by the Christmas holiday, with most major European stock exchanges closed on Thursday and Friday. Meanwhile, investors continue to monitor developments in the war in Ukraine, after a Kremlin aide said that European and Ukrainian revisions to US peace proposals have failed to improve prospects for ending the conflict.
Technology stocks advanced, with Infineon up 2.2%, ASML Holding gaining 1.9%, and Siemens rising 1.2%. Glencore also climbed 2.1%. By contrast, Roche was down 1%, AstraZeneca fell 0.8%, and Safran declined around 1%.
Source: Trading Economi
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