European shares flat as Deutsche Post’s slide offsets earnings bump By Reuters

From Investing.com:

European shares were flat at open on Wednesday, with upbeat earnings reports offset by a slide in Deutsche Post. The pan-European index remained unchanged at 486.57 points as of 0826 GMT. TeamViewer’s shares surged 10.9% after reporting higher-than-expected fourth-quarter revenue and earnings. Energy companies were in focus, with Vestas rising 6.3% and Equinor shedding 3.7% after mixed earnings reports. The oil and gas sector gained 0.2%, but Deutsche Post lost 4% after a stake sale by Germany’s state-owned KfW bank.



Read more: European shares flat as Deutsche Post’s slide offsets earnings bump By Reuters