European stocks continue to decline as Corona injuries rise

European equities fell on Monday after posting their first weekly decline in three weeks, between the increase in Covid-19 infections and the growing uncertainty about the trend in interest rates.

The pan-European Stoxx 600 index fell 0.4%, weighed down by the decline in the real estate, technology and industrial sectors, in one moment in which the main world stock markets recorded difficult rises.

All eyes of the market are now on eurozone unemployment data for November and the Sentix Index, which measures investor sentiment for January, according to Reuters.

Shares in Carriage Bank rose 4.3% after a report that Italy’s fifth largest bank, BBER Banca, made a better bid to buy it to outperform rival Credit Agricole Italy’s.

BMW shares were up 1.4% after Goldman Sachs raised its buy recommendation for the company and raised its target price to € 123 from € 110.

Shares of French tech consulting firm Atos fell 16.7% after issuing a profit warning reflecting delayed customer deals and putting pressure on its hardware retailer’s margins and software.

Read More About: Business News

Follow AsumeTech on

More From Category

More Stories Today

Leave a Reply