Europe opens mixed after German data

Mittwoch, 04. März 2020 09:02

European shares traded mixed at the open on Wednesday following Destatis' report that Germany's retail trade yearly increased by 1.8% in January, with more economic data coming later in the day. Meanwhile, a group of Chinese scientists found out the Covid-19 virus has mutated into two variants, one more dangerous than the other.

The DAX opened 0.06% higher, with Vonovia SE's shares rising 1.47%. The FTSE 100 rose 0.33% at the start, as DS Smith gained 1.92%. The CAC 40 kicked off with an increase of 0.09%. ArcelorMittal led the gains, advancing 2.23%. Moments after the open, the DAX and the CAC 40 turned negative.

The euro traded 0.12% lower against the dollar, selling for $1.1167 at 9:05 am CET, while the pound lost 0.13% against the greenback to go for $1.2791 concurrently.

Related Links: 
Author:
Breaking the News / ND