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10/7/2020, 5:31 PM (Source: TeleTrader)
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Europe closes mixed with Brexit, COVID-19 in focus

European stock markets closed mixed on Wednesday as the coronavirus pandemic continued to prompt concerns among investors. Member states of the European Union are seeing a resurgence of the virus, with Italy extending the state of emergency until January next year and making wearing protective masks outdoors obligatory.

Meanwhile, United Kingdom Trade Secretary Liz Truss insisted the Brexit trade deal is still reachable. Either way, UK's Prime Minister Boris Johnson stressed the country will take "full control" of its autonomy from the start of 2021.

The DAX traded 0.17% higher at the close, with Deutsche Post AG rising 3.91%. On the other hand, the FTSE 100 slipped 0.06% to finish the day, as Avast PLC tumbled 2.90%. The CAC 40 dropped 0.27% as the session ended. Thales was the worst performer with a loss of 2.16%. The euro gained 0.27% against the dollar to sell for $1.17652 at 5:32 pm CET, and the pound advanced 0.34% versus the greenback to go for $1.29200.

Baha Breaking News (BBN) / ND