European Stocks Little Changed Amid Hormuz Uncertainty
Brussels, August 10 (QNA) - European stocks were little changed on Monday, amid continued uncertainty over the reopening of the Strait of Hormuz, as investors looked ahead to a busy week of economic data.
The pan-European STOXX 600 index held at 660.12 points. The benchmark rose 1.7 percent last week and closed at a record high on Friday.
Europe's energy sector rose 0.5 percent, with Brent crude futures rising 0.6 percent to USD 83.98 a barrel, while the technology sector led the gains, rising 0.7 percent.
On the other hand, media stocks fell 0.7 percent.
Shares of Caledonia Mining rose 1.6 percent after the company announced a 16 percent increase in its second-quarter profit. (QNA)
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