12/15/2021, 5:35 PM (Source: TeleTrader)
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Europe closes mixed as Omicron prompts uncertainty

Major European stock markets traded mostly higher at Wednesday's closing bell as the Omicron coronavirus variant continued to spark concerns among investors across the continent.

Coronavirus-related news dominated today's trading session. The European Centers for Disease Control and Prevention shared estimates that the Omicron strain will likely become dominant next year, while the United Kingdom posted a new record in daily recorded COVID-19 cases and France hinted at a possible return of restrictions to curb the outbreak.

The FTSE 100 declined 0.66% at the close, with Rentokil Initial plc tumbling 5.08%. On the other hand, the CAC 40 grew 0.47%, as Eurofins Scientific SE jumped 6.18%. The DAX expanded by 0.15%. Both the euro and the pound stood virtually unchanged against the dollar at 5:30 pm CET, selling for 1.12610 and 1.32194, respectively.

Baha Breaking News (BBN) / ND