Germany and French equities were up on Tuesday while the main index of Europe Stoxx 600 declined as it pressured by the political tensions and as investors concerned about the growth in China.
In the currency Market, the single currency rose against the greenback and safe-haven assets Japanese Yen and Swiss Franc to trade at 1.1763, 1.1636 and 134.61 respectively at 16:15 GMT.
The primary European benchmark STOXX 600 fell by 0.30 percent or 1.158 points to close the trading session down at 389.53 pressured by the losses in Healthcare and Technology Sectors.
Looking at individual stocks, Boliden AB shares tumbled 8.6% after third-quarter earnings from the Swedish mining company missed analysts’ expectations. The company also said Chief Executive Lennart Evrell would step down in 2018.
In political front, Spain's central government took the unprecedented step of firing the government of Catalonia on Saturday in a last-ditch effort to prevent the restive region's push for independence.
In Economic News, European Market Manufacturing PMI rose higher than expected in the current month by 1.2 reaching 58.6, while Markit Services PMI and Markit PMI Composite fell to 54.8 and 55.9 respectively.
UK’s equities were higher on Tuesday where primary British index FTSE100 added 0.11 percent or 7.97 points to settle up at 7,532.42 helped by the gains in Energy, Financials and Basic Materials Sectors.
Looking at individual stocks, Whitbread PLC shares lost 5.2% on Tuesday. The hospitality chain operator reported a rise in group sales and revenue, but a slowdown in like-for-like sales growth at its Costa high-street coffee outlets.
In the currency market, the sterling fell against the U.S dollar at 1.3124 at 16:15 respectively.
German’s equities also were up today where its leading benchmark gained 0.08 percent or 10.05 points to settle higher at 13,013.19 supported by the gains in Telecommunication Services, Financials, and Consumer Cyclicals sectors.
Commerzbank AG bulked up 3.6% following reports the Frankfurt-based lender has hired financial advisers as it prepares for possible takeover bids. The bank has been working with Goldman Sachs and Rothschild to assess possible M&A tie-ups.
Covestro AG jumped 5.5%. The German specialty chemicals company said it plans to buy back up to €1.5 billion in shares, or 10% of its outstanding capital stock, depending on which value is reached first.
Germany Market Manufacturing PMI rose higher than expected in October by 0.3 reaching 60.5, while Markit Services PMI and Markit PMI Composite fell to 55.2 and 56.9 respectively.
Moreover, French shares advanced during today’s session as it added 0.15 percent or 7.99 points reaching 5,394.80 helped by the gains in Financials and Industrials Sectors.
French Market Manufacturing PMI rose higher than expected in October by 0.7 reaching 56.7, while Markit Services PMI and Markit PMI Composite increased to 57.5 and 57.4 respectively.
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