European stocks keep to maximums backed by results

European stocks keep to maximums backed by results

On Tuesday, European equities stabilized, underpinned by some well-received earning updates from a number of companies such as food group Danone as well as education firm Pearson.

Credit Suisse found itself in the spotlight with its equities soaring 1.9% following reports that activist investor RBR Capital has started a campaign to break up the Swiss investment bank having built up a minor stake in it.

The STOXX 600 index was intact sticking to 391.43 points, keeping to the four-month maximums reached in the previous session.

Britain’s FTSE stood still before inflation data as well as a testimony by BoE Governor Mark Carney later in the day. Meanwhile, Spain's IBEX declined 0.1% because concerns over the crisis in Catalonia kept unrolling.

Danone reached a fresh record maximum after the world's number one yoghurt maker reported a better-than-anticipated 4.7% soar in underlying third-quarter sales, backed by a firm recovery in demand for infant milk formula as well as water products in China.

Similar

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

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