(RTTNews) – European markets closed flats on Thursday, as investors remained largely cautious and refrained from making significant movements due to the lack of new triggers.
Continued optimism about possible vaccines opposed to coronaviruses and hopes for US fiscal stimulusBut it’s not the first time They soon provided some market support, considerations on the Brexit front and increased coronavirus cases proved to be a drag.
New cases of coronavirus increased to more than 18,000 in the UK on Wednesday, the number since early May, reportedly. France recorded more than 16,000 new cases of infection on Wednesday and Germany also reported an increase in the number of new cases.
The stoxx six hundred pan-European closed with a drop of 0. 12%. The UK FTSE 100 fell 0. 44 in line with the penny, Germany’s DAX and France’s CAC 40 fell by 0. 02% and 0. 08%, respectively, while Switzerland’s SMI rose by 0. 09%.
Denmark, Greece, the Netherlands, Norway, Russia and Turkey finished better, while Sweden and Ireland closed their doors.
In the UK market, Persimmon, Intermediate Capital Group, Imperial Brands, Melrose, IAG, National Grid, CRH, BT Group, Standard Life, Rolls-Royce Holdings, Lloyds Banking, Standard Chartered and Natwest Group 2 to 5%.
Among the winners, Flutter Entertainment rose 4%. DCC, Polymental International, Reckitt Benckiser, HomeServe, Avast, Bunzl, Scottish Mortgage and Ocado Group rose from 2% to 3%.
In the German market, Thyssenkrupp, Volkswagen, Daimler, BMW and Lufthansa fell considerably.
In France, Renault lost more than 2%. Carrefour, Airbus, Capgemini, Accor, Safran and Michelin were among the other big losers, while Sodexo, STMicroElectronics, Essilor, Valeo, Sanofi, Orange, Air Liquide, Atos and Veolia closed on a positive note.
On the economic front, French customer confidence weakened to its lowest point in nearly two years in November, according to a survey through the Insee statistic.
The customer’s confidence rate fell more than expected to 90 in November from 94 in October, the lowest since December 2018, when the score was 88, and the expected score of 92. 0.
The effects of the survey through the market research organization GfK showed that the confidence of German customers had deteriorated in a component due to the blocking of components. The prospective customer confidence rate fell to -6. 7 in December from a revised -3. 2 in October. 5. 0.
Car production plummeted by 18. 2% year-on-year in October. Only 110,179 games left the factory gates in October, according to data.