Live Markets: Soft end to hectic week

Telefonaktiebolaget LM Ericsson

23/01/2026 09:03

Adds new blog entry

STOXX 600 down 0.2%

CSG raises 3.8 billion euros in largest ever defence listing

Ericsson rises after results

Wall Street futures lower

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SOFT END TO HECTIC WEEK

Major European equity markets are mostly lower in early trade on Friday and look set to end the week in the red even as Trump walked back his threats of military action and tariffs over Greenland.

The STOXX 600 .STOXX is down about 0.1%. For the week, the index is down about 1%, heading for its first down week in six.

Other major bourses are mixed. Germany's DAX .GDAXI and Britain's FTSE .FTSE are both up slightly, while France's CAC 40 .FCHI is down 0.1%.

Telecoms .SXKP stocks are top gainers, helped by a 9% gain in Ericsson ERICb.ST shares after it announced a share buyback following strong fourth quarter results.

Eyes were on Amsterdam after defence firm CSG CSG.AS began trading for the first time in what was the largest ever defence listing. Shares are last up 24%.

Here's your opening snapshot:

(Samuel Indyk)

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EARLIER ON LIVE MARKETS:

EUROPE BEFORE THE BELL: FUTURES LOWER, STOCKS SET FOR WEEKLY FALL CLICK HERE

TRUMP'S ARCTIC PANTOMIME CHILLS THE DOLLAR CLICK HERE

The yen over the long run https://www.reuters.com/graphics/YEN-AUTOMATED/YEN-VS-DOLLAR-LIVE/byprbaeagpe/chart.png

Stocks mostly lower, Europe set for weekly fall https://www.reuters.com/graphics/GLOBAL-STOCKS/jnpwkozbdpw/chart.png