European stocks falter after Asian markets decline
By AFP - Jul 05,2021 - Last updated at Jul 05,2021
London stocks go up as oil prices rise ahead of an output decision by the Organisation of the Petroleum Exporting Countries (AFP photo)
LONDON European stock markets faltered on Monday after a mainly downbeat Asian session, but London rose on takeover news and rising oil prices before an output decision by the Organisation of the Petroleum Exporting Countries (OPEC).
In early afternoon eurozone deals, Frankfurt stocks dipped and Paris flatlined, as investors eyed poor Chinese data.
With US markets shut for the Independence Day holiday, no momentum was expected from the other side of the Atlantic.
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