European shares steady before ECB, but DAX underperforms
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[LONDON] European shares were steady on Thursday before a European Central Bank (ECB) meeting later which is expected to unveil more stimulus measures.
The European Central Bank is set to unveil its second stimulus cocktail in three months on Thursday, spurred by fears that low energy costs are feeding into wages and prices, potentially perpetuating ultra-low inflation.
The pan-European FTSEurofirst 300 index was flat, although Germany's DAX fell 0.4 per cent.
Germany's K+S fell 3.8 per cent after it warned of a significant drop in operating profit this year.
Lagardere shares also slumped after results from the media group underwhelmed investors.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
