European stocks closed largely unchanged amid thin trading on Tuesday, as investors continued to exercise caution due to the lack of new economic data from the region and uncertainty around global interest rate directions. The Stoxx 600 index rose 0.1 percent at the close after trading within a two-point range for most of the session, as investors balanced hints of monetary tightening from central bank policymakers with data indicating a slowdown in global growth. The mining sector index fell 0.4 percent as metal prices decreased amid concerns over demand prospects from China following a set of weak economic data. However, a 2.7 percent rise in the real estate sector index helped keep the overall index stable, while healthcare stocks recovered from sharp declines observed in the previous session.
Stability of European Stocks
Share
