European equities start sideways as profits roll in

European equities start sideways as profits roll in

On Monday, Spanish shares started 1.4% higher, backed by weekend demonstrations for a unified Spain as well as a survey demonstrating a lead for parties opposing Catalan independence.

Meanwhile, broader European shares demonstrated mixed performance.

The STOXX 600 index slid 0.1%, although Spain's IBEX benchmark rallied, led by Caixabank as well as Banco de Sabadell, stocks in which edged up respectively 4.2% and 3.6%.

Spain's state-owned lender Bankia rallied 11%.

In London, stocks in HSBC went down 0.6% notwithstanding a five-fold leap in its quarterly revenues.

Glencore rebounded 1.55 having raised its earnings guidance. Moreover, it reacted to a report telling that it would dare to cancel its secondary listing in Hong Kong because of lack of interest from market participants.

The FTSE 100 went down 0.2% in the beginning of a week, which could see the BoE lift interest rates for first time since 2007.

 

Similar

Asian equities take a time out

On Tuesday, Asian equities took a tiny step back after three straight trading winning sessions, with financial markets consolidating hoping that an upswing in global surge could outlast a probable hike in American borrowing costs this week…

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

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera