Europe closes mixed amid vaccination worries

Monday, 18. January 2021 17:31

Major stock markets in Europe closed mixed on Monday amid growing concerns about the distribution and stockpiles of vaccines against COVID-19. The Norwegian government thus altered its policy regarding the use of Pfizer Inc. and BioNTech SE's jab. In the meantime, London announced it would open 24-hour working vaccination centers. Meanwhile, the Bundesbank warned the German economy would suffer a "sizeable setback" if the government extended the restrictions imposed to curb the spread of the virus.

The DAX closed 0.39% higher as Adidas AG went up by 4.40%. The FTSE 100 declining by 0.18%, with Ferguson PLC falling by 2.33%. The CAC 40 rose by 0.12% as ArcelorMittal SA gained 2.19%.

The euro stood flat against the dollar, selling for $1.35755 at 5:26 pm CET. A minute later, the pound sterling lost 0.06% to the greenback to change hands for $1.35754.

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Breaking the News / JR