11/2/2020, 9:03 AM (Source: TeleTrader)
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Europe opens mixed as countries tighten lockdown

Major European stock markets started the week mixed after coronavirus-related restriction measures were announced over the weekend. England entered a one-month lockdown, while Austria applied "partial" lockdown measures in response to the new wave of the coronavirus outbreak.

Meanwhile, news that the British regulators began an accelerated review of AstraZeneca's COVID-19 vaccine candidate prompted positive sentiment.

The DAX opened 0.37% higher, with Merck Group gaining 2.12%. The CAC 40 advanced 0.40%, as Sanofi increased by 0.81%. On the other hand, the FTSE 100 declined by 0.26%. Associated British Foods led the losses by plunging 3.83%. The euro lost 0.18% against the dollar to sell for $1.16264, while the pound dropped 0.45% to go for $1.28953.

Baha Breaking News (BBN) / ND