European stock markets flat on data, earnings

Thursday, 20. February 2020 09:03

Major stock markets in Europe opened largely unchanged on Thursday as investors analyzed the corporate earnings and economic data released before the starting bell. Lloyds Banking Group plc's annual net income fell 4% in 2019, while AXA S.A.'s rose 5%. Germany's Destatis reported producer prices increased 0.2% in January, while GfK's report showed consumer confidence for March in the country took a minor hit.

The FTSE 100 was flat at the start of the trading session, as Imperial Brands plc lost 4.07%. The DAX slipped 0.11%. MTU Aero Engines AG was the worst performer, dropping 2.02%. The CAC 40 surrendered 0.10%, with AXA decreasing 1.46%.

The euro and the pound both fell 0.19% against the dollar at 8:59 am CET, changing hands for $1.07898 and $1.28982 respectively.

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Breaking the News / MD