Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Trading

Posted By Uma Rajagopal

Posted on December 27, 2024

European shares flat after Christmas break; set for modest weekly gains

(Reuters) – Europe’s main stock index opened flat on Friday after a two-day holiday, but its modest gains earlier in the week have kept it on course to snap a two-week losing streak.

The pan-European STOXX 600 was flat at 504.56 by 0811 GMT, leaving it with a 0.3% gain in the holiday-disrupted week.

Across the region, Germany’s DAX shed 0.2%, as did Britain’s FTSE 100, while France’s CAC 40 was flat.

On the day, the energy sector led sectoral gains with a 0.3% increase, in tandem with oil prices. [O/R]

Among stocks, Deliver Hero fell nearly 7% after Taiwan Fair Trade Commission blocked the German online takeaway food company’s sale of its Foodpanda business in the country to Uber, arguing it would decrease competition.

(Reporting by Pranav Kashyap in Bengaluru; Editing by Savio D’Souza)

Recommended for you

  • Stocks and dollar droop in thin year-end trade, 2024 uptrends intact

  • Dollar set for big annual gain as traders brace for high US rates

  • Oil heads for weekly gain on China stimulus hopes