Skip to Content
Market Update

Europe Edges Lower; Portugal Stocks Gain

Shares in Europe were trading lower early Monday following losses in Asia and after jobs data in the United States Friday weighed on sentiment.

At the time of writing, Britain's FTSE, France's CAC and Germany's DAX were off 0.3% to 0.6%.

But shares in Portugal rose after elections in the country showed a change in regime is in order.

Across the region, financial stocks traded pressured with Barclays, BNP Paribas, Credit Agricole and Deutsche Bank declining 0.5% to 0.8%.

While miners BHP Billiton, Rio Tinto and Anglo American gained 0.9% each after base-metal prices edged up in the commodities market.

Shares in Aegis Group surged 7% after it confirmed it was in talks with Ipsos SA regarding sale of its market-research arm.

Sponsor Center