European shares open flat, trade and emerging market worries weigh

INSUBCONTINENT EXCLUSIVE:
REUTERS|Updated: Sep 03, 2018, 02.56 PM ISTLondon's FTSE 100 was the only trading centre clearly in the black with a weaker pound and the
latest Brexit uncertainty providing an accounting boost for British blue chipsLONDON: European shares opened broadly flat on Monday as
worries about United States trade policy and concerns over emerging markets weighed on stocks after Asian markets closed in negative
territory. At 0750 GMT, the STOXX 600 was down 0.07 per cent at 381.99 points with most major European bourses just slightly in the
red. London's FTSE 100 was the only trading centre clearly in the black with a weaker pound and the latest Brexit uncertainty providing an
accounting boost for British blue chips. Italian banks were notable gainers rising despite the decision of Fitch rating agency to cut the
outlook for Italy to negative on Friday. The biggest mover was veterinary products group Dechra Pharmaceutical which sank close to 20 per
cent after publishing its full year results and saying it was implementing a "hard Brexit" mitigation plan. The best performance was posted
by SMB offshore, up 8.2 per cent, after the Dutch offshore energy company announced it reached a settlement in Brazil over alleged improper
sales practices
Commenting feature is disabled in your country/region.