The decline of oil prices had a negative impact on the securities of the energy sector, while shares of Italian lenders put pressure on the index of the banking sector in Europe.

The composite index of the largest companies in the region Stoxx Europe 600 fell by 0.08% to 341.57 points. The indicator increased by 0.7% since the beginning of this week.

European oil and gas companies index sank 0.71% as oil prices dropped more than 1% on the back of a strong dollar.

Mining shares are mixed amid falling prices for oil and copper, as well as the rise of the value of gold.

Shares of Royal Dutch Shell and BP fell 0.5%.

Shares of Rio Tinto rose 1%, Randgold Resources +1,2%, Glencore – have fallen in price 0,2%, Boliden -0.5%.

Shares of Italian banks fell by 0.45% due to concerns about the outcome of the referendum on the reform of the Constitution, which may collapse the government of the reformist Prime Minister Matteo Renzi. European banking index fell by 0.55%. the referendum will be held Dec 4

At the same time, the health sector index rose 0.61%.

Support to the sector had a sharp rally of Swiss biotech company Actelion after news that Johnson & Johnson made its takeover attempt. Actelion shares rose nearly 9% and ready to show the maximum one-day rise since mid-2014.

Daily Mail shares fell 3,7% after Barclays lowered to “underperform”.

At the moment:

FTSE 6827.59 -1.61 -0.02%

DAX 10681.69 -7.57 -0.07%

CAC 4536.98 -5.58 -0.12%

The post Major stock indices in Europe almost flat appeared first on forex-analytics.press.