June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

European shares steady as rising virus cases lead to tighter curbs

Published 15/12/2020, 09:21
© Reuters.
STOXX
-
SXEP
-
SX7P
-
SXAP
-
SXPP
-

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
Dec 15 (Reuters) - European shares were trading flat on
Tuesday as rising COVID-19 cases forced tighter curbs across the
continent, denting optimism from vaccine roll-outs and hopes of
an eventual Brexit trade deal.
A new variant of the coronavirus has been identified in
London, which may have partly contributed to increased infection
rates, forcing the government to enforce the highest tier of
restrictions in the city. Italian media reported the government could decide to put
the country under partial lockdown from Dec. 24 to at least Jan.
2, while in France, the number of people hospitalised for
COVID-19 rose for the third day, just as the country planned to
relax its lockdown. After a strong session on Monday, the pan-European STOXX 600
index .STOXX barely moved as investors weighed the prospect of
restrained economic activity stalling any kind of recovery.
Banks .SX7P lead losses, while automakers .SXAP , miners
.SXPP and energy shares .SXEP led gains.



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.