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Indonesia News Portal for Traders | Financial & Business Updates

6 January 2025 16:32  |

European markets open higher with Neste up 5%, Novo Nordisk down 2%

European markets open higher European markets opened higher on Monday (1/6), looking to recover from a volatile start to the year for stocks.

The regional Stoxx 600 index rose 0.3% in early trade, while sector gains were led by technology and autos, up 1.4% and 1.3%, respectively.

Finnish fuel producer Neste led the gains, up nearly 5%, extending its positive momentum after announcing its largest contract to supply sustainable aviation fuel. trade higher Neste up 5%, Novo Nordisk down 2%

The Stoxx 600 had a mixed performance last week, though it ended 0.2% higher amid a difficult start to 2025 for stocks around the world. The mixed sentiment could continue this week as traders look for more clues on where the global economy is headed and prepare for Donald Trump’s return to the White House. Today is relatively quiet for data and earnings in Europe, but Spanish business activity and German inflation data are due. (AL)

Source: CNBC

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