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"Qatar's Stake Sale Sends Barclays Shares Slipping in European Markets"

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Source: CNBC
"Qatar's Stake Sale Sends Barclays Shares Slipping in European Markets"
Photo: CNBC
TL;DR

European markets closed higher, with the Stoxx 600 index up 0.4%. Telecom stocks were among the biggest movers, with Ericsson up 4.4% after striking a deal with AT&T, while Nokia plunged 8.4% on expected losses. U.K. property sales are expected to improve in the next six months. Barclays shares fell 2.5% as Qatar Holding moved to sell millions of its stock. U.K. retail sales in November were dampened as households delayed Christmas spending. The Caixin China services PMI climbed to its highest level in three months, while China's official PMI showed a contraction.

Topics:businessfinance#barclays#ericsson#european-markets#finance#nokia#uk-retail-sales
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  1. European markets close higher; Barclays down 2.5% as Qatar wealth fund moves to sell stake  CNBC
  2. Qatar's Wealth Fund Seeks About $650 Million From Barclays Stake Sale  Bloomberg
  3. Morning Coffee: This cannot be good for Barclays. 28-year-old Goldman analyst may have been foolish  eFinancialCareers
  4. Barclays shares slip after major backer Qatar cuts stake  Reuters
  5. Surprise Move: The Bloomberg Open, Europe Edition  Bloomberg

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