European stocks climbed as a report showed that investor confidence in Germany improved last month and Spain sold more 12 and 18-month notes than it had planned at a debt auction.
FTSE 100 5,455 +27.55 +0.51%
CAC 40 3,097 +7.57 +0.25%
Xetra DAX 5,830 +44.88 +0.78%
European banking shares lost 0.5 percent as a group after the industry was downgraded to “neutral” from “bullish” at Nomura Holdings Inc. BNP Paribas SA, France’s largest lender (BNP), lost 2.4 percent to 30.13 euros. Societe Generale SA, the country’s second-biggest (GLE), dropped 3.5 percent to 17.96 euros.
Commerzbank AG (CBK) dropped 4.3 percent to 1.17 euros after Germany’s Finance Ministry denied a Reuters report that it’s in talks with Commerzbank to offer state assistance, saying that communication between the government and the bank doesn’t go beyond “exchange of information.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.