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

MG News | December 02, 2020 at 01:32 PM GMT+05:00

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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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Name	Price/Vol	%Chg/NChg
KSE100	140,006.23 119.18M	1.15% 1593.98
ALLSHR	86,713.45 243.19M	1.18% 1010.49
KSE30	42,793.64 66.99M	1.28% 538.79
KMI30	197,190.50 70.77M	1.59% 3080.91
KMIALLSHR	57,546.63 124.44M	1.47% 832.96
BKTi	38,184.58 8.26M	0.93% 353.24
OGTi	28,493.83 32.46M	3.84% 1053.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	119,495.00	119,530.00 117,905.00	1875.00 1.59%
BRENT CRUDE	72.20	72.82 72.16	-1.04 -1.42%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	69.82	70.41 69.80	-0.18 -0.26%
SUGAR #11 WORLD	16.46	16.58 16.37	-0.13 -0.78%