European Stocks Are Little Changed; BASF Gains, Greek Banks Drop
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European stocks were little changed after four straight weeks of losses for the benchmark Stoxx Europe 600 Index, as chemical makers and renewable-energy companies gained while banks fell amid sovereign-debt concern.
BASF SE, the world’s biggest maker of chemicals, rose 1 percent. Renewable Energy Corp. ASA and Vestas Wind Systems A/S climbed more than 2.5 percent as Germany set 2022 as the final date to close its nuclear reactors. Alpha Bank SA tumbled 9.1 percent in Athens as the International Monetary Fund reviewed Greece’s efforts toward meeting fiscal targets.