• Fri, Jan 16, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

2 September 2024 23:19  |

European Markets Close Flat on First Trading Day in September; Rightmove Jumps 27%

European stocks closed flat on the first trading day in September as investors considered the outlook for markets.

The pan-European Stoxx 600 closed 0.04% lower, with regional bourses and sectors diverging. Retail stocks ended 0.77% lower, while telecoms added 0.78%.

Shares in real estate listings company Rightmove closed up 27% higher after its Australian rival REA Group said it was considering making an offer for for the U.K.-based platform.

On the data front, a series of final readings of manufacturing PMIs from across Europe were released Monday. This included euro zone manufacturing activity, which remained firmly in contractive territory, coming in at 45.8 in August as it was weighed down by Germany and France, the report from the Hamburg Commercial Bank and S&P Global showed.

Elsewhere, the U.K. manufacturing PMI increased to a 26-month high of 52.5 in August, which is in expansion territory, according to the report by S&P Global.

Source  : CNBC

 

Related News

MARKET UPDATE

Asia Shares Steady, Dollar Firm Before Jobs Test

Asian share markets got off to a quiet start on Monday as investors braced for a data-packed week culminating in a U.S. jobs ...

2 September 2024 07:47
MARKET UPDATE

European Markets Close Flat on First Trading Day in Septembe...

European stocks closed flat on the first trading day in September as investors considered the outlook for markets. The pan-...

2 September 2024 23:19
MARKET UPDATE

European Markets Open Lower As First Trading Day Of Septembe...

European stocks dipped on Monday as the first trading day in September kicked off and investors considered the outlook for ma...

2 September 2024 14:50
MARKET UPDATE

European stocks and U.S. futures start September on back foo...

Share markets fell slightly on Monday as investors braced for a data-packed week culminating in a U.S. jobs report that could...

2 September 2024 16:41
BIAS23.com NM23 Ai