European oil stocks showed strength Wednesday, but the moves, along with a reading of eurozone services activity at a near six-year high, didn’t translate to gains for regional indices, MarketWatch reports.
The Stoxx Europe 600 index was up less than 1 point at 380.06. Oil and gas and basic materials shares were higher, but healthcare, telecom and consumer-related stocks were in the red. The pan-European benchmark on Tuesday rose 0.2% after a choppy session.
