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European Stocks Open Flat with Brexit and Earnings in Focus


Tuesday, 22 October 2019 14:22 WIB

Saham EropaStoxx Europe 600


c_740_198_16777215_00_images_assets_EUROPE_600STOCK.jpg

European markets opened flat on Tuesday morning as U.K. lawmakers gear up to debate Prime Minister Boris Johnson's EU Withdrawal Agreement Bill, while traders also track big name corporate earnings.

The pan-European Stoxx 600 hovered around the flatline at 394.08 in early trade, with insurance and banking stocks gaining 0.3% while the travel and leisure sector shed 0.5%.

European stocks broke a three-day losing streak Monday amid cautious optimism that Johnson's Brexit deal will gain approval from U.K. parliament this week. House of Commons Speaker John Bercow refused to allow a vote on the deal Monday after opposition lawmakers forced a delay in ratifying the deal until the necessary legislation had been passed.

Source : CNBC


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