European stocks fell on Friday with a low volume of operations. The rebound in global stocks days ago, due to signs that the variant of the omicron coronavirus may not derail the global economic recovery, allows another week to be signed with benefits.
The data // The pan-European STOXX 600 Index fell 0.1 percent to 483 points in a shorter trading session around Christmas. The benchmark advanced 1.9 percent this week. Enter the Christmas period with peace of mind after rising 21% so far this year.
- London’s FTSE 100 was flat, while France’s CAC 40 was down 0.3 percent. Stock markets in several countries, including Germany, Italy, Spain, Switzerland and the United States, remained closed.
The analysis // “The European market is moving in tight ranges … due to low holiday trading activity and also due to fears of possible restrictions and lockdowns,” said Raed Alkhedr, chief market analyst at Equiti Group.
- Italy tightened restrictions on Thursday, including a ban on all public New Year celebrations, as daily Covid-19 infections hit a record high.