European Stock Markets Open with Varied Performance

As the festive season winds down, European stock markets presented a mixed picture on Friday. Investors are digesting the impact of the shortened trading session earlier in the week, caused by Christmas Eve. With New Year’s Day approaching this Tuesday, all eyes are on the final trading days of 2024.

Market Movements at a Glance

At 9:00 am CET, the French CAC 40 saw a slight increase of 0.09%. Meanwhile, the Euro Stoxx 50 experienced a minor decrease of 0.07%. The British FTSE 100 remained unchanged, and the German DAX increased by 0.13%.

Currency Exchange Rates Remain Stable

At 8:59 am CET, both the euro and the pound sterling held steady against the dollar, trading at $1.04230 and $1.25311, respectively.

More updates to follow...