European shares dip; UK vaccine approval limits losses on FTSE 100

By MG News | December 02, 2020 at 01:32 PM GMT+05:00
December 2, 2020: European shares slipped on Wednesday as investors took stock following a near 14% rally last month, while shares in BioNTech surged after UK became the first country to approve its COVID-19 vaccine developed with Pfizer.
London's blue-chip index outperformed regional peers, losing just 0.1% after Britain said the vaccine will be rolled out from next week.
BioNtech's Frankfurt-listed shares jumped 8.4%, while Germany's benchmark DAX index fell 0.5% despite data showing a higher-than-expected rebound in retail sales in Europe's largest economy in October.
The pan-European STOXX 600 index was down 0.4% with oil stocks leading declines, as crude prices were hit by a surprise build up in oil inventories in the U.S. and as OPEC and its allies left markets in limbo about production in January.
Reuters
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0.97% 1262.41 |
ALLSHR | 82,069.26 730.83M |
0.94% 764.01 |
KSE30 | 40,387.76 80.88M |
1.11% 442.31 |
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BITCOIN FUTURES | 108,125.00 | 110,525.00 107,865.00 |
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BRENT CRUDE | 68.51 | 68.89 67.75 |
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RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
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ROTTERDAM COAL MONTHLY | 106.00 | 106.00 105.85 |
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USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.50 | 67.18 66.04 |
-0.50 -0.75% |
SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
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