From Investing.com: 2024-04-11 03:40:42

European shares opened cautiously before ECB’s monetary policy decision and Lagarde’s remarks. The pan-European index remained flat, with a 1.3% decline in the telecom sector. All eyes are on the potential for a future rate cut to combat economic weakness and easing prices.

Rate-sensitive sectors like real estate edged up 0.2%, while financials slipped 0.1%. Societe Generale shares surged 3.4% after announcing the sale of a financing business for 1.1 billion euros as part of a divestment strategy. ECB’s decision is awaited at 1215 GMT.



Read more at Investing.com: European shares flat with market focus on ECB policy decision By Reuters