DJIA26473.80
LIVE387.46(1.49%)
NDX10567.46
LIVE-34.75(-0.33%)

European stocks close lower amid weak Chinese data; Tullow Oil down 71%


Tuesday, 10 December 2019 00:02 WIB

Saham Eropa


c_740_198_16777215_00_images_assets_EUROPE_European-stock-696x392.jpg

European stocks closed 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 ended the session 0.24% lower to 406.38, with oil and gas stocks falling 1% to lead losses while the retail sector added 0.5%.

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.

Shares of British supermarket chain Tesco jumped 4.6% after reports emerged that the firm was considering selling its Asian businesses in Thailand and Malaysia.

Shares of Tullow Oil plummeted more than 71% after the British oil giant’s CEO Paul McDade resigned with immediate effect and the company scrapped its dividend amid continuing difficulties in its Ghana operation.

Source: CNBC


RELATED NEWS

  • Hong Kong shares finished more than one percent lower Tuesday, in line with an Asian retreat, as traders fret over the reimposition of containment measures in several countries as the virus flares up ...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.