European stocks open mostly lower as Brexit takes center stage

Wednesday, 16 October 2019 14:20 WIB

Stoxx 600Indeks Stoxx Europe 600SahamEropa


European stocks opened mostly lower Wednesday as investors pause for guidance on the likelihood of an imminent Brexit deal between the U.K. and the EU.

The pan-European Stoxx 600 hovered just below the flatline in the opening minutes of trading, with basic resources falling 1.2% to lead losses while healthcare stocks climbed 0.5%.

Brexit negotiations continued into the early hours of Wednesday as U.K. Prime Minister Boris Johnson seeks to hammer out a deal with the bloc ahead of a meeting of European leaders this week.

British news outlets reported Tuesday night that the two parties were on the brink of a deal after the U.K. made concessions to EU demands over the Irish border. A draft deal could be published Wednesday if the details are finalized.

Source : CNBC


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