The STOXX 50 index closed little changed at 5,749 during a shortened and quiet Christmas Eve trading session, while the STOXX 600 ended slightly above the flatline at 588.8, after closing at a record high the previous day.
Luxury stocks outperformed, with LVMH jumping 0.8%, Hermes adding 0.6%, and L'Oreal edging up 0.3%. Iberdrola also rose 0.3%. Conversely, ASML Holding and AstraZeneca each fell 0.5%, Airbus fell 0.2%, and Unilever ended 0.4% lower.
BP pared early gains to end down 0.4% after agreeing to sell a 65% stake in Castrol to Stonepeak. Elsewhere, Sanofi fell 0.7% after announcing plans to acquire Dynavax. European stock markets will be closed on Thursday and Friday for the Christmas and Boxing Day holidays. (alg)
Source: Trading Economics
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