Mixed on European Stock Exchanges Following Brexit News – E24

Optimism over a possible Brexit deal between the UK and the EU has characterized trading on European stock exchanges on Christmas Eve.

The parties have negotiated overnight and there have been reports that a possible deal could be announced during the day. At the same time, fishing is said to have created a tangle in the negotiations.

The London Stock Exchange has fluctuated between slight rises and falls throughout the day, while the pound has risen in value. The pound is now trading at 1.1 against the euro, up 0.6 percent on the day. Against the dollar, the pound was up 0.66 percent to 1.35.

This is how it ended up on the European stock exchanges on Christmas Eve:

• FTSE 100 in London up 0.1 0 percent
• CAC 40 in Paris rises 0.06 percent
• The IBEX 35 in Madrid rises 0.47 percent

Ian Cheshire, chairman of the large British bank Barclays, tells the BBC that a Brexit deal will allow companies to plan for the future.

– I’m very happy that it looks like we can continue our most important business relationship, he says.

And banks are among the stocks that rose on the London Stock Exchange. Barclays finished up 1.83 percent, Lloyds up 3.99 percent, while Natwest was up 1.23 percent.

The German and Italian stock exchanges are closed on Christmas Eve.