Major stock markets in Europe started the first trading day of 2025 mostly flat amid fresh economic reports. Namely, investors assessed the latest data on house prices in the United Kingdom. Additionally, news reports on manufacturing sector activity in Germany, the UK, and the Eurozone are scheduled for release after the opening bell.
The DAX climbed by 0.16% at the open as Basf SE jumped 1.22%. After opening flat, the FTSE 100, the CAC 40, and the Euro Stoxx 50 moved to the green territory. The FTSE 100 improved by 0.21% at 9:02 am CET, with Fresnillo plc surging 2.25%. A minute later, the Euro Stoxx 50 traded 0.22% higher and the CAC 40 advanced by 0.23%. Airbus SA pushed both indexes up with a rise of 1.90%.
On the currency front, the euro gained 0.15% compared to the dollar to go for $1.03681 at 8:58 am CET. At the same time, the pound was flat against the US currency, selling for $1.25213.
