(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
Dec 4 (Reuters) - European shares rose on Friday, with
energy stocks lifting London's blue-chip index to nine-month
highs, while BioNtech slid after Pfizer slashed the roll-out
target of their COVID-19 vaccine.
London FTSE 100 rose 0.5% as energy stocks gained after a
compromise between OPEC+ members to continue some production
cuts. O/R MET/L IRONORE/
The pan-European STOXX 600 index .STOXX was up 0.2%, while
Germany's DAX .GDAXI underperformed and was trading flat.
Shares of Germany's BioNtech 22UAy.F slid 4.4% after
Pfizer PFE.N said supply chain obstacles forced it to slash
the 2020 production target of its COVID-19 vaccine developed
with BioNtech by half. Meanwhile, data showed German industrial orders rose more
than expected on the month in October, raising hopes the
manufacturing sector in Europe's biggest economy started the
fourth quarter on a solid footing.