Published by Global Banking & Finance Review®
Posted on December 24, 2024
1 min readLast updated: January 27, 2026
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European stocks rise, led by travel and energy sectors amid low holiday trading volumes. STOXX 600 gains 0.2% as markets prepare for Christmas break.
(Reuters) - Europe's main stocks index opened higher on Tuesday, with travel and leisure and energy stocks leading a broad-based market advance amid light trading volumes ahead of a Christmas break.
The pan-European STOXX 600 was up 0.2% as of 0815 GMT, with many markets either shut or working on reduced hours for Christmas Eve.
Amsterdam, Brussels and Paris will have half-day trading sessions, while Frankfurt and Milan are closed, keeping trading volumes low throughout the day.
Travel and leisure regained some lost ground, with a 0.5% gain, after Monday's slide. Energy, too, was up 0.5% tracking higher oil prices.
Among individual movers, British homebuilder Vistry slumped 18% to the bottom of the STOXX 600 after warning on its fiscal 2024 profit for the third time, citing delays to expected year-end transactions and completions.
(Reporting by Ankika Biswas in Bengaluru; Editing by Mrigank Dhaniwala)
The article discusses gains in European stock markets, led by travel, leisure, and energy shares amid low holiday trading volumes.
Vistry's stock fell 18% after issuing a profit warning for fiscal 2024, citing delays in year-end transactions and completions.
Energy shares rose by 0.5%, tracking higher oil prices, contributing to the overall market gains.
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