European equities are mixed

European equities are mixed

On Thursday, European equities were a bit changed because profits in financial shares a long with a weaker common currency gave support. At the same time fashion group H&M slumped after dismal outcomes.

The heavyweight banking sector SX7P tacked on 0.5% reaching seven-week maximums, underpinned by hopes that monetary policy would tighten after a series of hawkish remarks from Fed Chair Janet Yellen a bit earlier this week.

Revenues in banking equities, led by German lender Deutche Bank as well as France'sBNP Paribas enabled to compensate dips among basic resources shares SXPP because copper prices slumped.

Meanwhile, the pan-European STOXX 600 index decreased 0.1%, which is below the two-month maximum it hit during the previous session following Donald Trump's tax overhaul proposal.

Germany's export-oriented DAX index grew 0.2%, France's CAC stood still. Spain's IBEX gained 0.1% because worries over the Catalonia independence referendum relieved.

Similar

Indonesia equities rally at close of trade

On Friday, Indonesia shares rallied after the close because revenues in the Miscellaneous Industry, Infrastructure as well as Consumer Industry sectors brought stocks up…

Saudi Arabia equities leap at close of trade

On Thursday, Saudi Arabia stocks managed to grow after the close because revenues in the Building & Construction, Real Estate Development as well as Agriculture & Food sectors underpinned stocks…

European equities start lower with PMI in focus

On Thursday, European markets started lower because market participants paid attention to the publication of euro zone manufacturing as well as service sector activity data due later in the session…

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later