Europe closes mixed as Davos kicks off

Monday, 20. January 2020 17:30

Stocks on major European exchanges finished trading mixed on Monday as world leaders convened in Davos for the World Economic Forum. United States President Donald Trump is scheduled to deliver a speech in Davos on Tuesday as his impeachment trial in the Senate begins back home.

The DAX advanced 0.17% at the end of trading as Wirecard led the gains. In Paris, the CAC 40 fell 0.43% with luxury goods company LVMH as the worst performer. The FTSE 100 lost 0.32%.

The euro was down 0.08% against the dollar at 5:40 pm CET, buying 1.10835, while the pound dipped 0.13% versus the greenback to go for 1.29980.

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Author:
Breaking the News / JC