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European Stocks Open Slightly Lower as Caution Returns Ahead of Davos


Monday, 20 January 2020 15:21 WIB

Stoxx 600Saham Eropa


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European markets opened slightly lower on Monday as policymakers and business leaders gather in Davos, Switzerland for the annual World Economic Forum (WEF) conference.

The pan-European Stoxx 600 slipped 0.1% lower at 423.88 at the start of trading, travel and leisure and utilities stocks falling 0.5% to lead losses while oil and gas stocks climbed 0.4%.

Climate change and sustainable business will be a key focus for delegates at this year’s WEF summit, but other political risks such as international trade and geopolitical instability are also likely to be on the agenda.

Source : CNBC


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