Finance

Travel and leisure, energy shares lead gains in Europe in holiday-thinned trade

Published by Global Banking & Finance Review

Posted on December 24, 2024

1 min read

· Last updated: January 27, 2026

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(Reuters) - Europe's main stocks index opened higher on Tuesday, with travel and leisure and energy stocks leading a broad-based market advance amid light trading volumes ahead of a Christmas break.

European Stocks Gain with Travel and Energy Leading

(Reuters) - Europe's main stocks index opened higher on Tuesday, with travel and leisure and energy stocks leading a broad-based market advance amid light trading volumes ahead of a Christmas break.

The pan-European STOXX 600 was up 0.2% as of 0815 GMT, with many markets either shut or working on reduced hours for Christmas Eve.

Amsterdam, Brussels and Paris will have half-day trading sessions, while Frankfurt and Milan are closed, keeping trading volumes low throughout the day.

Travel and leisure regained some lost ground, with a 0.5% gain, after Monday's slide. Energy, too, was up 0.5% tracking higher oil prices.

Among individual movers, British homebuilder Vistry slumped 18% to the bottom of the STOXX 600 after warning on its fiscal 2024 profit for the third time, citing delays to expected year-end transactions and completions.

(Reporting by Ankika Biswas in Bengaluru; Editing by Mrigank Dhaniwala)

Key Takeaways

  • European stocks rise with STOXX 600 up 0.2%.
  • Travel and leisure stocks recover with a 0.5% gain.
  • Energy shares increase by 0.5% due to higher oil prices.
  • Vistry's stock plummets 18% after profit warning.
  • Holiday trading volumes remain low across Europe.

Frequently Asked Questions

What is the main topic?
The article discusses gains in European stock markets, led by travel, leisure, and energy shares amid low holiday trading volumes.
Why did Vistry's stock fall?
Vistry's stock fell 18% after issuing a profit warning for fiscal 2024, citing delays in year-end transactions and completions.
How did energy shares perform?
Energy shares rose by 0.5%, tracking higher oil prices, contributing to the overall market gains.

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