European stock markets were lower on Thursday, 08 December 2022, as risk sentiments remained downbeat amid growing fears of an impending recession, U.S. rate hike woes and ahead of a slew of interest rate decisions from major central banks. At 11:43 GMT, the pan European Stoxx 600 index was down 0.3% to 434.50. The U.K.s FTSE 100 index fell 0.15% to 7,477.87. Frances CAC 40 index shed 0.12% to 6,652.75. Germanys DAX index dropped 0.36% to 14,209.74. Switzerlands Swiss Market index dropped 0.12% to 10,997.09. Cautious traders are staying on the sidelines ahead of a slew of central bank rate decisions including from the Fed and the Bank of England next week. As recession worries mount, investors also awaiting a speech from European Central Bank President Christine Lagarde at two different events for directional cues. Back to home, Swiss drug maker Novartis AG edged up slightly after announcing that its investigational oral monotherapy iptacopan showed positive outcomes in patients with rare blood disorder. Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.