Breaking News

Stocks - European Markets Open Mixed, ECB Minutes Ahead

Stock MarketsJan 11, 2018 03:33AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters. Frankfurt Stock Exchange

Investing.com - European markets opened mixed on Thursday, as investors eyed the minutes of the European Central Bank's latest policy meeting, as well as fresh corporate earnings reports.

The EURO STOXX 50 dipped 0.01%, France’s CAC 40 inched up 0.01%, while Germany’s DAX 30 was down 0.07% by 03:30 a.m. ET (07:30 GMT).

Financial stocks were mixed, as Societe Generale (PA:SOGN) dipped 0.02% and BNP Paribas (PA:BNPP) added 0.18% in France, while Germany's Commerzbank (DE:CBKG) and Deutsche Bank (DE:DBKGn) declined 0.48% and 0.47%.

Among peripheral lenders, Unicredit (MI:CRDI) slid 0.35% and Intesa Sanpaolo (MI:ISP) edged up 0.13% in Italy, while Spanish banks and Banco Santander (MC:SAN) and BBVA (MC:BBVA) fell 0.05% and 0.23% respectively.

Elsewhere, German auto supplier Continental AG (DE:CONG) saw shares advance 0.73% following reports earlier in the week that the group may overhaul its business structure and separately list its divisions.

In London, commodity-heavy FTSE 100 added 0.15%, boosted by sharp gains in the mining sector.

Shares in BHP Billiton (LON:BLT) and Glencore (LON:GLEN) jumped 1.15% and 1.21% respectively, while Antofagasta (LON:ANTO) rallied 1.18% and Anglo American (LON:AAL) surged 1.75%.

Financial stocks were also higher, as the Royal Bank of Scotland (LON:RBS) inched 0.03% higher and Lloyds Banking (LON:LLOY) eased up 0.07%, while HSBC Holdings (LON:HSBA) added 0.13%. Barclays (LON:BARC) underperformed, as shares declined 0.73%.

Tesco (LON:TSCO) was one of the worst performers on the index, as shares plummeted 3.10% even after the supermaeket said it "outperformed" the market over Christmas. The group posted 1.9% total like-for-like sales growth.

Marks and Spencer Group PLC (LON:MKS) saw shares lose 3.27% after saying that food and clothing sales fell in the final three months of 2017.

In the U.S., equity markets pointed to a steady to higher open. The Dow Jones Industrial Average futures pointed to a 0.09% gain, S&P 500 futures signaled a 0.10% rise, while the Nasdaq 100 futures indicated a 0.05% uptick.

Stocks - European Markets Open Mixed, ECB Minutes Ahead

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Are you sure you want to delete this chart?
Write your thoughts here
Replace the attached chart with a new chart ?
Post also to:
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Post 1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email