9/30/2019, 9:03 AM (Source: TeleTrader)
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European stocks flat amid Brexit turmoil

Equities on major stock markets in Europe started the first trading session of the week lower as investors remained focused on the latest Brexit developments. London was reportedly set to send proposals regarding the country's departure from the European Union as early as this week as the government faces a possibility of a no-confidence vote. In data, Destatis reported Germany's retail sales rose 3.2% in August.

The FTSE 100 and the CAC 40 were flat at the opening bell, with Whitbread plc losing the most on the British index and TechnipFMC on the French. At the same time, the DAX slipped 0.12%. Fresenius Medical Care AG & Co. KGaA was the worst performer, dropping 1.75%.

The euro and the pound were unchanged against the dollar at 9:01 am CET, changing hands for $1.09438 and $1.22945 respectively.

Breaking the News / MD