Europe Shares Little Changed on Thin Trading, Lack of Catalysts

European equities ended little changed after swinging between gains and losses amid sparse trading and a lack of catalysts as the Christmas holiday nears.

The Stoxx Europe 600 Index dropped 0.1 percent to 356.87 at the close, after earlier rising as much as 0.8 percent and falling 0.5 percent. The volume of shares traded was 33 percent lower than the 30-day average. The equity benchmark is down 7.4 percent this month and is heading for its worst December since 2002.

Oil-and-gas companies were among the best performers of the 19 industry groups on the Stoxx 600, with BG Group Plc and BP Plc contributing the most to the advance, as crude climbed. Rio Tinto Group and Glencore Plc pushed commodity producers higher with gains of at least 1.9 percent.

Source : Bloomberg