European equities were up while investors are keeping an eye on FED interest rate decision.
The single currency fell against the greenback to trade at 1.1616 at 16:00 GMT, while the euro rose against the safe haven assets Japanese yen and Swiss Franck to trade at 1.1630 and 132.48 respectively at 16:00 GMT.
The primary European index Stoxx 600 added 0.48 percent or 1.89 points to close Wednesday’s trading session up at 397.11 supported by the gains in all sectors except Consumer Non-Cyclicals sector.
Basic resources sector was the top performer under Stoxx600 as it gained 2.2 percent supported by higher metal prices and the positive manufacturing data in China.
Looking at individual stocks, Indivior’s share was the biggest gainer as it jumped by 8 percent after the firm took an approval for new drug for opioid addiction treatment.
UK shares edged down today as FTSE100 fell slightly by 0.07 percent or 5.12 points to end the session lower at 7,487.96 pressured by the losses in Utilities and industrials sectors.
Looking at individual shares, Next was the biggest loser under the benchmark as its stock sank by 8 percent after the frim announced that trading remained “extremely Volatile”, despite that its sales rose during the quarter ending September 2017.
Even though, Standard Chartered reported an increase in its profit by the double during the third quarter, its share fell by 6 percent today as investors are concerning over its recovery plan.
In the currency market, the sterling fell against the greenback and euro to trade at 1.3261 and 0.8762 respectively at 16:45 GMT.
In the economic news, the annual Nationwide house prices index rose 2.5 percent in October, up from 2.3 percent in the previous month. Despite the increase in U.K. house prices, these are about a half percent lower than a year ago.
Also, German’s shares were up today where its main benchmark added 1.89 percent or 249.72 points to end Wednesday’s session in the green at 13,479.29 supported by the gains in all sectors except the sector of Telecommunication Services as it fell by 2.24 percent.
Looking at individual shares, Volkswagen was the biggest gainer under the benchmark as it added 4.81 percent on Wednesday after the firm reported an increase of 11.9% in its sales in United States.
French shares were also higher on Wednesday as its main index CAC40 gained 0.20 or 11 points to close the session higher at 5,514.29 supported by the gains in Healthcare, Financials and Industrials.
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