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