European shares are flat ahead of ECB's interest rate decision and Christine Lagarde's remarks.
European shares are flat as investors await the ECB's monetary policy decision and Christine Lagarde's remarks on interest rate cuts. The telecom sector dropped 1.3% while all eyes are on the ECB's decision at 1215 GMT. Rate-sensitive sectors like real estate rose 0.2%, while financials dipped 0.1%. Societe Generale shares rose 3.4% after announcing a business sale to BPCE for €1.1bn.
April 11, 2024
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