Europe opens in the red on lockdown worries

Tuesday, 23. November 2021 09:03

Major stock markets in Europe started the trading session in the negative territory on Tuesday after German Health Minister Jens Spahn did not dismiss the possibility of imposing new lockdowns due to coronavirus resurgence in the country. In business news, E.ON revealed a five-year, €27 billion investment in its energy transition. Investors will monitor the latest business activity data reports for Germany, the euro area and the United Kingdom, set to be released after the markets begin trading.

The DAX was down 0.78% at 9:03 am CET as Delivery Hero fell by 2.20% and lead the losses at 9:04 am CET. London's FTSE 100 was 0.26% lower at 9:00 am CET with insurance company Prudential decreasing 1.36% a minute later. The CAC 40 declined 0.56% at 9:00 am. STMicroelectronics pulled the index down with a 1.70% contraction at 9:02 am CET.

The euro was up 0.12% against the dollar at 8:59 am CET, selling for 1.12498. The British pound was flat in comparison to the greenback, changing hands for 1.33963 at the same time.

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