Investing.com - Financial Markets Worldwide
🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

European shares inch higher as financials rise

Published 11/06/2019, 04:32 PM
Updated 11/06/2019, 04:40 PM
European shares inch higher as financials rise
SOGN
-
AD
-
STOXX
-
SX7P
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
Nov 6 (Reuters) - European shares edged higher on Wednesday,
boosted by financial stocks, as investors parsed through a mixed
bag of earnings reports and awaited new developments on trade
talks between the United States and China.
Societe Generale shares SOGN.PA rose 3.5% after the bank
said it had set aside three-quarters of the cash needed to
deliver a planned dividend payout this year.
The French bank helped power a 1% rise in bank stocks
.SX7P , and the pan-European STOXX 600 index .STOXX was up
0.06% by 0826 GMT.
Supermarket operator Ahold Delhaize AD.AS rose 2.2% after
the Dutch company posted quarterly core earnings ahead of
analysts' forecasts.
European shares were close to all-time highs, ending Tuesday
at a more than four-year peak as investors grew more optimistic
about a trade truce between the United States and China.
The lack of fresh trade developments helped shift focus back
to the third-quarter earnings season which has been modestly
better-than-expected so far.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.