European stocks slip as Russian market closed for second day

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Belgique Dernières Nouvelles,Belgique Actualités

European stocks declined on Tuesday with attention still trained on the isolation of Russia from global financial markets after its invasion of Ukraine.

The Stoxx Europe 600 XX:SXXP, which ended just 0.1% lower on Monday despite heavier losses early in the day, declined 0.4%.The Stoxx Europe 600 SXXP , which ended just 0.1% lower on Monday despite heavier losses early in the day, declined 0.4%.

Heavy fighting continued in Ukraine, with the country’s second-largest city Kharkiv bombarded. The Central Bank of Russia kept the local stock market closed for a second day after the U.S. barred transactions with it. The central bank on Monday lifted interest rates to 20% from 9.5%. Traders also eyed the latest set of corporate results. HelloFresh HFG , the mealkit preparation company, dropped 8% after missing forecasts on adjusted earnings before interest, tax, depreciation and amortization.

 

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Belgique Dernières Nouvelles, Belgique Actualités