European shares flat as traders brace for key euro zone data
- European shares were subdued on Tuesday as investors refrained from placing massive bets ahead of key data from the euro zone, while energy stocks were the biggest laggards following a drop in global oil prices.index held its ground at 514.87 points, as of 0710 GMT, after touching a three-week high in the previous session.
The oil and gas sector was the biggest loser in the benchmark index, dropping nearly 1%, as crude prices edged lower on easing geopolitical risks and weak demand from China. The Swedish benchmark was flat ahead of its central bank rate decision at 0730 GMT. Among individual stock moves, Jyske Bank gained 2.1% after the Danish bank reported its first-half results.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.
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