Europe closes mixed after Von der Leyen's speech

Wednesday, 16. September 2020 17:39

Major European stock markets closed mixed on Wednesday after European Commission President Ursula von der Leyen affirmed that the Brexit Withdrawal Agreement can't be unilaterally changed. Meanwhile, British Prime Minister Boris Johnson stressed that the goal of the Internal Market Bill is to protect the UK's "economic, political, and territorial" integrity.

On the economic data front, Eurostat released statistics on the Eurozone trade surplus, which amounted to €27.9 billion in July. In other news, Gauss Srl and Cellex Inc. developed the first coronavirus home test with a nearly 90% sensitivity and approximately 100% precision test result.

The DAX increased by 0.14% at the closing bell, Fresenius SE & Co. KGaA leading the gains at 2.39%. The CAC 40 went up by 0.13% as Unibail Rdamco's stocks climbed 2.49%. The FTSE 100 declined 0.44% with Royce Rolls Holdings Plc shares plunging 5.39%. The euro stood flat against the dollar to sell for $1.18418 at 5:35 CET while pound sterling gained 0.82% against the greenback to go for $1.29941 a minute later.

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