Brexit Concerns Keep European Stock Markets in Check

Most European stock exchanges showed small price returns on Friday. Pessimistic noises about the already difficult Brexit negotiations caused some reluctance among investors.


By contrast, the new record levels on Wall Street and growing hopes for an agreement on additional corona support for the US economy provided some support for stock trading.

The AEX index on Beursplein 5 was 0.1 percent higher at 625.47 points around noon. The MidKap fell 0.6 percent to 922.27 points. The stock exchange in Frankfurt gained 0.1 percent, and Paris lost 0.1 percent.

The FTSE index in London gained 0.2 percent, while the British pound was under pressure. According to chief European negotiator Michel Barnier, there are only a few hours left before a Brexit deal.

British Prime Minister Boris Johnson and President Ursula von der Leyen of the European Commission previously announced that it would be difficult to conclude a trade agreement in time. London and Brussels disagree, especially on fisheries.

The euro was worth $ 1.2251 compared to $ 1.2256 the day before. A barrel of American oil became a fraction cheaper at $ 48.35. Brent oil fell 0.1 percent in price to $ 51.43 a barrel.

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