Investing.com - Financial Markets Worldwide
Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

European shares dip as trade caution lingers

Published 11/29/2019, 04:20 PM
Updated 11/29/2019, 04:24 PM
European shares dip as trade caution lingers
DE40
-
DNB
-
STOXX
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
Nov 29 (Reuters) - European shares edged lower for the
second straight session on Friday, as investors feared a new
U.S. law backing protesters in Hong Kong would cloud the
prospects of a preliminary Sino-U.S. trade deal.
On Thursday, China warned of "firm counter measures" to the
law supporting anti-government protesters in Hong Kong. The
editor of China's state-backed Global Times tabloid said later
in a tweet those could include barring drafters of the
legislation from mainland China, Hong Kong and Macau.
The pan-European STOXX 600 index .STOXX was down 0.4% at
0806 GMT, but still on track for its best week in three after a
boost from positive headlines on trade earlier in the week.
Shares of Norway's largest bank DNB DNB.OL fell 3.4% after
police said they were investigating to establish whether any
laws were broken in its handling of payments from an Icelandic
fisheries firm to Namibia. Frankfurt-listed shares .GDAXI dropped 0.4%, as data
showed German retail sales dipped in October, suggesting private
consumption in Europe's largest economy took a pause before the
Christmas shopping season. Traders are now awaiting a raft of economic indicators
including the euro zone unemployment rate for October and
preliminary GDP figures for the fourth quarter from Italy.

Latest comments

Install Our App
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.