European stocks open slightly lower on Tuesday in a shortened trading session due to the Christmas holidays.

The pan-European Stoxx 600 hovered near the flatline, with all major bourses in negative territory. In terms of individual sectors, the performance was generally flat across the board, with oil & gas sector at the top of the table, up 0.2%.

Ambu, a Denmark-based medical equipment company is up more than 3.5%, followed by drugmaker Bayer at 3%. Shares of Bayer reached their highest level in 14 months after the U.S. government said that a $25 million glyphosate decision against the company should be reversed.

Source : CNBC