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 stock markets edge up

On Wednesday, stock indices in the countries of the Asia-Pacific region traded in the green zone on expectations of a positive reporting season as well as optimistic geopolitical signals…

Popular

ECB Meeting

Traders are impatiently waiting for the European Central Bank’s meeting on October 26…

eur

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

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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