November 20, 2023Business Desk

European shares muted after robust week; Bayer tumbles to 12-year low

European shares were lacklustre on Monday after a strong week driven by aggressive bets of interest rate cuts

Source: Pexels

Pan-European STOXX 600 was little changed by 0810 GMT after jumping nearly 3% last week and on track to log its first monthly gain since August.

Source: Pexels

Energy stocks led sectoral gains with a 0.7% advance, while healthcare shed 0.6% after Bayer lost 12% on aborting a large late-stage trial testing a new anti-clotting drug.

Source: Pexels

Germany's DAX fell 0.1%.

Source: Pexels