• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

European stocks open slightly lower: Ibex falls 0.3% as Brent tops $114

FinanceInternationalCinco Días35 s readAI summary
Image: Cinco Días

European stock markets opened the last session of the week with slight losses. The Ibex falls 0.3% and trades below 18,900 points, after dropping 2% on Thursday. A heavy sell-off in technology shares and rising oil prices, with Brent above $114 a barrel, weigh on the market. Investors are seeking refuge in US debt and the 10-year Treasury yield falls below 5%.

In 35 seconds

  • The Ibex falls 0.3% to below 18,900 points, after losing 2% in the previous session.
  • Brent rises 0.7% and tops $114 a barrel, its highest level since late April, following Thursday's 4% gain.
  • The technology sell-off deepens: China's CSI300 enters a bear market and South Korea's Kospi drops 1.5%.
Read the full story at Cinco Días

IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

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