Aerial view of the Shard in London, England, June 28, 2012.
Greg Fong/Getty Images
LONDON — European stock markets ended the new week and month on a positive note ahead of a busy week of central bank decisions and financial results.
pan-european Stocks 600 The indexes split, but mostly approached the green by the final bell. german dachshund More than 0.6% added, Italy’s FTSE MIB rose 0.1% over the session, but the UK FTSE100 The index ended almost 0.2% lower, with France’s CAC40 It fell more than 0.1%.
Travel and leisure stocks led the day’s gains. This week’s earnings started with ryanair It reported profit after tax of 1.72 billion euros ($1.98 billion) in the second quarter and 2.54 billion euros in the first half, an increase of 42% and in line with analyst expectations. The company also reported first-half sales of 9.82 billion euros, an increase of 13%. Ryanair’s shares hit a new 52-week high on Monday and rose about 4% during the session.
European automakers were also among the top movers. renault Shares rose 2.2% after the French automaker’s chief growth officer, Fabrice Cambolieve, said he wanted to partner with more global manufacturers to make and sell cars following a deal with a Chinese company. geely.
Other automakers with gains on Monday included Mercedes-Benz, which rose nearly 2%. volkswagenadded 2.3%. porsche It rose by 1.7%. Overall, the Stoxx 600 Automotive and Parts Index rose by 0,5%, reversing some of its previous momentum.
blood pressure Crude oil prices rose about 1.2% on Monday morning after the oil and gas multinational announced it would sell some U.S. onshore midstream assets in the Permian and Eagle Ford basins. Sixth StreetFor $1.5 billion.
The London-listed energy giant is scheduled to report third-quarter results on Tuesday.
Other results announced this week include: ferrari and Aramco on Tuesday. BMW and Vestas The next day, among other things. Earn money on Thursday Commerzbank, diageo, line metal, AstraZeneca And the latest results from Richemont are expected on Friday.
The Riksbank is expected to announce its latest interest rate decisions on Wednesday. And on Thursday, the Bank of England is expected to announce its latest monetary policy decision, with economists divided on whether the central bank will keep interest rates unchanged or lower them. Deutsche Bundesbank will also release its latest Financial Stability Report.
High-tech oriented Nasdaq Composite Stocks rose on Monday as enthusiasm around AI continued with a slew of new deals, including one between Microsoft and OpenAI. Meanwhile, Microsoft announced that it has secured an export license to ship Nvidia chips to the United Arab Emirates amid Gulf’s ambitions to become a leader in AI.
Asian investors are assessing China’s manufacturing activity numbers following the release of RatingDog’s October Purchasing Managers Index. China’s manufacturing activity slowed to 50.6, below the 50.9 expected by economists polled by Reuters and below September’s 51.2.
China’s manufacturing activity shrank to a six-month low of 49.0 in October, according to official PMI figures released by the National Bureau of Statistics on Friday.
— CNBC’s Lim Hui Jie contributed reporting to this article.
