The major European stock exchanges developed without much change at the beginning of the session, but London stood out thanks to a sharp increase in energy stocks.
In Paris, the CAC 40 index was unchanged at 6,633.92 points. In London, the FTSE 100 rose 0.65%, moving to its highest level since mid-September, and in Frankfurt, the Dax was flat. The EuroStoxx 50 rose 0.04%, the FTSEurofirst 300 rose 0.13%, and the Stoxx 600 rose 0.15%. Bel 20 gets 0.3%.
The core resources division recovered 1.71%, erasing its losses on Monday, after the Covid-19 epidemic resumed in China. The strongest sectoral increase came from the Stoxx energy index, which rose 3.43%, as Saudi Arabia denied a press report that the kingdom was planning to increase its pumping.
for individual values, Total energy leads the CAC 40 with an increase of 3.85% and in London, BP The gain is 5.69%, supported, moreover, by the pass to the Citi purchase.
in decline, Thyssenkrupp It lost 4.7%, after activist fund Cevian reduced its stake in the German group to less than 1%.
Aside from the release of the Organization for Economic Co-operation and Development (OECD) Economic Outlook at 11 am, the session promises calm in the absence of any major economic indicator on the agenda, a trend that could continue throughout the week. After that, Wall Street will be closed on Thursday for Thanksgiving and only open for half a session on Friday.