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European shares flat, Bayer boosted by new Roundup ruling

Published 16/07/2019, 08:18
© Reuters.  European shares flat, Bayer boosted by new Roundup ruling

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
July 16 (Reuters) - European shares opened little changed on
Tuesday as investors looked to a deluge of second quarter
earnings releases and a batch of macroeconomic indicators for
more signs on a slowing global and euro zone economy.
Shares in German chemicals company Bayer BAYGn.DE rose
2.2% after a U.S. judge slashed the damages awarded to a
California man who blamed its Roundup weed killer for his
cancer, propping up Germany's DAX .GDAXI index. The pan-European stocks benchmark .STOXX was flat at 0707
GMT, with UK jobs and wages data, Italy's June inflation and
Germany's ZEW business sentiment index for July all expected in
the morning session.
Software and technology company SAP SAPG.DE , semiconductor
player ASML ASML.AS and drugmaker Novartis NOVN.S are all
among those due to report second-quarter results this week.






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