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European shares close down as energy stocks decline

News Snapshot:

Britain’s FTSE 100 outpaced peers after a Christmas holiday, as China’s dismantling of Covid-19 restrictions pushed miners and banks higher. European shares closed lower on Wednesday, weighed down by declines in energy stocks, but global markets also turned jittery as Covid cases rose in China. The country scrapped its quarantine rules for inbound travellers starting from January 8th on Monday. Dublin The Irish index of shares ended the day marginally lower as bank shares dipped and travel stocks also declined. Ryanair shares fell almost 2 per cent in the day’s trading, ending the session at €12.32. The stock ticked lower…

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