European shares were mixed in Monday’s session as investors were monitoring earnings announcement and the recovery in Spanish stocks.
The single currency rose against the greenback at 1.1628 at 16:30 GMT, while it fell against the safe-haven assets Swiss Franc and Japanese Yen to trade at 1.1573 and 131.46 respectively at 16:40 GMT.
The primary European Benchmark added 0.10 percent or 0.40 points to trade at 393.81 supported by the gains in Energy, Consumer Cyclicals and Telecommunication Services sectors.
Energy sector added 1.25 percent where Tullow oil and Saipem rose near to the top of the benchmark.
Looking at individual stocks under Stoxx 600, Bankia’s share added 2 percent today despite the 10 percent declining in its third-quarter net profit the income from lending operations still pressured by low-interest rates.
In political news, Back in Europe, Spain moved to sack Catalonia's regional government leader on Friday, shortly after Catalonia had declared independence from Spain. Madrid also dissolved the Catalan parliament and called for fresh regional elections.
UK’s equities were lower today where its leading index FTSE100 fell by 0.24 percent or 17.81 points to close the trading session in the red at 7,487.22 pressured by the losses in Consumer Non-Cyclicals, Financials, and Utilities sectors.
Looking at specific shares, HSBC fell over 1.5 percent in trade, even though the European bank stated that pre-tax profit had soared 448 percent year-on-year in the three-months ending September.
In the currency market, the sterling rose against the greenback at 1.3212 at 16:45 GMT, while its rose against the Euro where EURGBP is traded at 0.8809 at 16:45 GMT.
German’s equities were almost unchanged as DAX30 added only 0.07 percent or 9.72 points to settle at 13,277.26 supported by the gains in Industrials, Consumer Cyclicals, and Utility sectors.
Volkswagen Ag was the biggest gainer on Monday as the independent research raised target price from 150 euro to 158 euro.
French stocks were approximately unchanged today where CAC40 edged lower by 0.01 percent or 0.5 points to close the session at 5,493.63 as the gains in Telecommunication services and Technology sectors limited its losses.
BNP Paribas and Societe Generale are due to report their results later during the week.
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