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European Stocks Open Slightly Lower Amid Weak Chinese Data


Monday, 9 December 2019 15:21 WIB

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European stocks opened slightly lower on Monday as weak Chinese export data highlighted the detrimental impact of its prolonged trade war with the U.S.

The pan-European Stoxx 600 slipped 0.1% lower at 407.35 in early trade, with oil and gas stocks falling 0.6% to lead losses while retail stocks added 0.6% as most sectors entered negative territory.

Chinese exports declined in November for the fourth consecutive month, falling 1.1% year-on-year compared to the 1% expansion anticipated by analysts in a Reuters poll.

Source : CNBC


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