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European shares keep fluctuating

On Tuesday, European shares wavered, having notched their best trading session since August, with market participants focused on development around the Brexit referendum.    

The Stoxx Europe 600 edged up 0.1%, trading at 337.95, having lost as much as 0.4% because trading got underway. On Monday, the index soared 3.7%, the greatest revenue in almost ten months.

The steep surge kicked in after two weekend surveys showed surging support for Great Britain to stay in the EU, ahead of a vote on the issue on Thursday.

More surveys issued late Monday appeared to be mixed. For instance, an ORB poll demonstrated that the “Remain” camp was leading, while a YouGov survey gave the “Leave” group +2%, hitting 44% vs 42%.

In the closely watched banking sector, stocks of Banco Popular Espanol SA decreased 0.4%. Banco Commercial Portugues SA sagged 4.2%. However, Commerzbank AG acquired 1%, while BNP Paribas SA gained 0.8%.  

As for indexes, Great Britain’s FTSE 100 slumped 0.1%, trading at 6,196.64, while German DAX 30 leapt 0.3%, reaching 9,987.67.

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