Europe’s main stocks index opened higher on Tuesday, with travel and leisure and energy stocks leading a broad-based market advance amid light trading volumes ahead of a Christmas break.
The pan-European STOXX 600 was up 0.2% as of 0815 GMT, with many markets either shut or working on reduced hours for Christmas Eve.
Amsterdam, Brussels and Paris will have half-day trading sessions, while Frankfurt and Milan are closed, keeping trading volumes low throughout the day.
European stocks tumble after Fed’s hawkish signal
Travel and leisure regained some lost ground, with a 0.5% gain, after Monday’s slide.
Energy, too, was up 0.5% tracking higher oil prices.
Among individual movers, British homebuilder Vistry slumped 18% to the bottom of the STOXX 600 after warning on its fiscal 2024 profit for the third time, citing delays to expected year-end transactions and completions.
Comments
Comments are closed for this article.