European stocks flat

Business | 26 Nov 2020 10:20 pm

European stocks traded around the flatline Thursday afternoon as investors paused for breath after a global rally in recent sessions, CNBC reports.

The Europe Stoxx 600 index opened 0.2 percent higher before paring those gains. U.S. financial markets are closed Thursday due to the Thanksgiving holiday so trading volumes are likely to be low.

Looking at individual stocks, shares of insurer Aviva were trading 0.3 percent lower after the British insurer said that it expects to pay a total dividend for 2020 of 21 pence (28 US cents) and is exploring options for divesting its remaining businesses in Asia and continental Europe in order to focus on Britain, Ireland and Canada.



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