European shares flat at open as COVID fears ease

Tuesday, 14. September 2021 09:00

European indexes began the trading session on Tuesday flat amid concerns regarding inflation and the coronavirus pandemic. Countries across the continent announced they will begin administering booster jabs against COVID-19. According to the ONS, the unemployment rate in the United Kingdom stood at 4.6% in July.

The FTSE 100, the DAX, and the CAC 40 were flat at the opening bell before falling into red shortly after. In London, BHP tumbled 1.75%. Merck KGaA was the worst performer in Frankfurt, dropping 1.68%. In Paris, Alstom SA was down 0.85%.

The euro and the pound were both unchanged against the dollar at 8:59 am CET, selling for $1.18161 and $1.38536 respectively.

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Breaking the News / MD