European shares flat as investors await U.S.-Iran talks, oil rises
European shares were subdued at open on Tuesday, as investors awaited developments on potential U.S.-Iran talks, while oil prices gained for the first time in five sessions. Energy stocks gained 0.4% tracking a rise in oil prices. Retail shares were a bright spot, up 1.3%, boosted by gains in Kingfisher. Insurance shares dipped roughly 1%.
, UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Sept 22 (Reuters) — European shares were subdued at open on Tuesday, as investors awaited developments on potential US-Iran talks, while oil prices gained for the first time in five sessions. 32 points by 0710 GMT. Most regional bourses were also muted. 4% tracking a rise in oil prices as investors awaited developments on potential US-Iran talks at the United Nations General Assembly this week after more supplies emerged through the Strait of Hormuz over the weekend.
9% increase for the first half of the year. On the other hand, insurance shares dipped roughly 1%, pressured by losses in ASR Nederland and AXA. Market participants awaited euro zone consumer confidence data, due later in the day. 2%.
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