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The Economic Times
The Economic Times
Anupam Nagar

Global Market: European shares steady as investors track deal activity; easyJet jumps on takeover proposal

easyJet Thales Castlelake Ferrari Oil Drone

European shares were little changed on Monday after ending the previous week with their strongest performance since mid-May, as investors shifted their attention to fresh corporate dealmaking, with a proposed takeover of British airline easyJet providing the biggest boost to market sentiment.

According to Reuters, the pan-European STOXX 600 index was broadly flat at 652.84 points as of 0710 GMT, following a strong weekly rally driven by easing geopolitical concerns and improving investor confidence.

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