European Daily Market Review

By X-blogger - on February 23, 2024

European stocks partly advanced today, adding to the rising mode after the pan-European benchmark closed at a record high in the previous session.

The German DAX slipped 9.58 or 0.06% from 17,360.

The French CAC-40 gained 25.81 or 0.33% from 7,937.FTSE-100 dropped 5.28 or 0.07% from 7,679.

The Stoxx-600 index added 0.1% in early deals, with most sectors trading in positive territory.

Autos stocks were up 0.7% in early deals, while telecom stocks fell 1.1%.

U.K. consumer confidence dipped in February, as reported by new survey data from GfK showed Friday.

European natural gas prices are trading around levels marked before the energy squeeze started brewing in May 2021.

The benchmark contract in the Netherlands fell below €23 per megawatt-hour, and is on track for a third weekly retreat.

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