European shares steady as rising virus cases lead to tighter curbs

This post was originally published on this site
https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEGBE0FA_L.jpg

A new variant of the coronavirus has been identified in London, which may have partly contributed to increased infection rates, forcing the government to enforce the highest tier of restrictions in the city.

Italian media reported the government could decide to put the country under partial lockdown from Dec. 24 to at least Jan. 2, while in France, the number of people hospitalised for COVID-19 rose for the third day, just as the country planned to relax its lockdown.

After a strong session on Monday, the pan-European STOXX 600 index barely moved as investors weighed the prospect of restrained economic activity stalling any kind of recovery.

Banks lead losses, while automakers, miners and energy shares led gains.

Add Comment