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LIVE MARKETS-STOXX subdued, tech and healthcare weigh

ReutersDec 30, 2024 10:08 AM

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STOXX SUBDUED, TECH AND HEALTHCARE WEIGH

The STOXX 600 .STOXX is down 0.23% on Monday as trading stays thin ahead of a short trading day for many bourses on Tuesday before New Year.

Most sectors are flashing red, with tech stocks among the worst off, down 0.5%, and healthcare stocks also faring badly, down 0.4%.

Novo Nordisk NOVOb.CO shares are among the bigger fallers, down 1.8%. Novo shares have been in focus recently, after shedding a fifth of their value on December 20 following some trial results. They have clawed back about 6% since then.

Eyes were also on Boeing's Frankfurt-listed shares .BA.F which were down 3.2% in early trading.

South Korea's acting President Choi Sang-mok ordered an emergency safety inspection on Monday of the country's entire airline operation system as investigators worked to identify victims and find out what caused the deadliest air disaster in the country.

Elsewhere, Siemens Healthineers SHLG.DE is down 1% after Siemens SIEGn.DE CFO told the Handelsblatt newspaper that the company is reviewing its majority stake in the medical technology subsidiary.

(Lucy Raitano)

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