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Dec. 30, 2019, 10:24 a.m. EST

European stocks down in thin trading

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By Pierre Briançon


Getty Images
Lens manufacturer EssilorLuxottica among the top decliners on European markets

European stocks fell Monday morning, taking a respite from their jump last week on hopes that the U.S.- China trade dispute might soon end un in some form of armistice.

The Stoxx Europe 600 /zigman2/quotes/210599654/delayed XX:SXXP +1.58%  was down 0.5% amid thin trading characteristic of the days between Christmas and New Year’s Day.

The UK FTSE 100 index /zigman2/quotes/210598409/delayed UK:UKX +2.09% was down 0.3% in early trading, pulled down by retailers. Next PLC /zigman2/quotes/200704121/delayed UK:NXT +1.08% , the British high-street fashion retailer, was among the top decliners, with a fall of 2%.

Germany’s Dax index, /zigman2/quotes/210223310/composite DAX +1.87% was down 0.4%, with Siemens AG /zigman2/quotes/200873563/delayed DE:SIE +1.56%  the biggest decliner, down 1.4%.

France’s CAC40 /zigman2/quotes/210597958/delayed FR:PX1 +1.49%  was down 0.6%, led by lenses manufacturer EssilorLuxottica /zigman2/quotes/200393059/delayed FR:EL +0.42% , whose share tanked 3.6% after the group indicated it had uncovered a fraud in a Thai factory that could hit its profit by up to €190 million.

Both the pound sterling /zigman2/quotes/210561263/realtime/sampled GBPUSD +0.1761%  and the euro /zigman2/quotes/210561242/realtime/sampled EURUSD +0.1680%  rose against the dollar, up 0.3% and 0.2%, respectively.

/zigman2/quotes/210599654/delayed
XX : STOXX
371.21
+5.78 +1.58%
Volume: 0.00
July 6, 2020 11:03p
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/zigman2/quotes/210598409/delayed
UK : FTSE UK
6,285.94
+128.64 +2.09%
Volume: 681,521
July 6, 2020 4:59p
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/zigman2/quotes/200704121/delayed
UK : U.K.: London
4,850.00 p
+52.00 +1.08%
Volume: 291,696
July 6, 2020 4:35p
P/E Ratio
10.35
Dividend Yield
0.00%
Market Cap
£6.12 billion
Rev. per Employee
N/A
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/zigman2/quotes/210223310/composite
US : U.S.: Nasdaq
$ 26.98
+0.50 +1.87%
Volume: 9,439
July 6, 2020 3:43p
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/zigman2/quotes/200873563/delayed
DE : Germany: Frankfurt
107.98
+1.66 +1.56%
Volume: 8,450
July 6, 2020 8:58p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
N/A
Rev. per Employee
€219,884
loading...
/zigman2/quotes/210597958/delayed
FR : France: Euronext Paris
5,081.51
+74.37 +1.49%
Volume: 88,535
July 6, 2020 6:05p
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/zigman2/quotes/200393059/delayed
FR : France: Euronext Paris
118.80
+0.50 +0.42%
Volume: 548,807
July 6, 2020 5:36p
P/E Ratio
48.66
Dividend Yield
0.00%
Market Cap
€51.67 billion
Rev. per Employee
€161,377
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/zigman2/quotes/210561263/realtime/sampled
US : Tullett Prebon
1.2514
+0.0022 +0.1761%
Volume: 0.0000
July 6, 2020 8:58p
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/zigman2/quotes/210561242/realtime/sampled
US : Tullett Prebon
1.1329
+0.0019 +0.1680%
Volume: 0.0000
July 6, 2020 8:58p
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Pierre Briançon is a senior writer at Barron's Group. He has written for Politico, Reuters Breakingviews, Le Monde and Libération.

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