European stocks mixed on trade, Brexit uncertainties

Monday, 29. July 2019 09:15

Equities on major European stock markets traded mixed shortly after the market open on Monday with focus on Brexit and trade. Over the weekend, United Kingdom's new Foreign Secretary Dominic Raab claimed London was "turbo-charging" preparations for a no-deal Brexit. United States and China were set to continue trade negotiations this week.

The FTSE 100 was up 0.46% at 9:15 am ET, as Centrica plc increased 3.68%. The DAX was unchanged with Deutsche Telekom AG rising 2.12% on its subsidiary's T-Mobile US Inc. and Sprint Corp's merger approval news. At the same time, the CAC 40 lost 0.27% as STMicroelectronics dropped 2.35%.

The euro was flat against the dollar at 9:14 am CET to change hands for 1.11209, while the pound decreased 0.29% to $1.23464 concurrently.

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Author:
Breaking the News / MD