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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 -2.93%  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 -4.28% was down 0.3% in early trading, pulled down by retailers. Next PLC /zigman2/quotes/200704121/delayed UK:NXT -9.09% , 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 -3.03% was down 0.4%, with Siemens AG /zigman2/quotes/200873563/delayed DE:SIE -2.95%  the biggest decliner, down 1.4%.

France’s CAC40 /zigman2/quotes/210597958/delayed FR:PX1 -4.30%  was down 0.6%, led by lenses manufacturer EssilorLuxottica /zigman2/quotes/200393059/delayed FR:EL -4.58% , 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 -0.0967%  and the euro /zigman2/quotes/210561242/realtime/sampled EURUSD -0.8882%  rose against the dollar, up 0.3% and 0.2%, respectively.

/zigman2/quotes/210599654/delayed
XX : STOXX
310.68
-9.38 -2.93%
Volume: 0.00
April 1, 2020 5:30p
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/zigman2/quotes/210598409/delayed
UK : FTSE UK
5,429.46
-242.50 -4.28%
Volume: 1.50M
April 1, 2020 4:38p
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/zigman2/quotes/200704121/delayed
UK : U.K.: London
3,702.00 p
-370.00 -9.09%
Volume: 744,741
April 1, 2020 4:35p
P/E Ratio
7.90
Dividend Yield
4.70%
Market Cap
£5.19 billion
Rev. per Employee
N/A
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/zigman2/quotes/210223310/composite
US : U.S.: Nasdaq
$ 19.97
-0.63 -3.03%
Volume: 5,530
April 1, 2020 11:53a
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/zigman2/quotes/200873563/delayed
DE : Germany: Frankfurt
74.00
-2.25 -2.95%
Volume: 10,967
April 1, 2020 5:38p
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
4,207.24
-188.88 -4.30%
Volume: 141,789
April 1, 2020 5:38p
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/zigman2/quotes/200393059/delayed
FR : France: Euronext Paris
93.78
-4.50 -4.58%
Volume: 1.14M
April 1, 2020 5:36p
P/E Ratio
38.41
Dividend Yield
2.38%
Market Cap
€42.89 billion
Rev. per Employee
€161,377
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/zigman2/quotes/210561263/realtime/sampled
US : Tullett Prebon
1.2400
-0.0012 -0.0967%
Volume: 0.0000
April 1, 2020 11:53a
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/zigman2/quotes/210561242/realtime/sampled
US : Tullett Prebon
1.0936
-0.0098 -0.8882%
Volume: 0.0000
April 1, 2020 11:53a
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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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