The main European stock indices ended this Monday (22) down, after the Stoxx 600 index reached a closing high during the previous session. Today’s session was marked by restricted liquidity in the markets and a lack of economic indicators, with investors having little breathing space during a week shortened by the Christmas holidays.
The pan-European Stoxx 600 index closed down 0.09%, at 586.99 points. The Frankfurt Dax lost 0.02%, to 24,283.97 points; and London’s FTSE 100 fell 0.32% to 9,865.97 points. The Cac 40 in Paris lost 0.37%, to 8,121.07 points.
With the scarcity of economic indicators, the business scenario gained importance during the session. ??Orsted (-12.67%), a Danish renewable energy company, recorded poor results during the session, after the US Department of the Interior announced the suspension of leasing contracts for five offshore wind projects already under construction. The French company Abivax advances by 14.80%, amid rumors of a possible acquisition by the American giant Eli Lilly.
In the macroeconomic scenario, the UK’s gross domestic product (GDP) increased by 0.1% from July to September compared to the previous quarter, in line with market consensus.
Investors’ attention will shift to Tuesday, when data on third-quarter U.S. economic growth, durable goods orders and the Conference Board’s consumer confidence survey are released.
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