Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

European shares edge higher ahead of UK election

Published 11/12/2019, 09:14
Updated 11/12/2019, 09:18
© Reuters.  European shares edge higher ahead of UK election
FTMC
-
O2Dn
-
STOXX
-
SXKP
-

(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

Dec 11 (Reuters) - European shares rose slightly on

Wednesday as investors closely watched a pivotal British

election on Thursday to decide the fate of Brexit, while

attention also focused on central bank meetings in the United

States and the euro zone this week.

Britain's domestically-focused mid-cap stocks index .FTMC

fell 0.1% as a carefully monitored indicator now predicted only

a modest majority for Prime Minister Boris Johnson.

If Johnson fails to win an outright majority, the outcome

would prolong Brexit uncertainty and further hit investor

sentiment. The pan-European STOXX 600 .STOXX index was up 0.1% at

0805 GMT.

Telecom stocks .SXKP led declines among European

subsectors, pressured by a 2% fall for Telefonica Deutschland

O2Dn.DE after the German mobile operator cut its dividend.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.