Europe Market Wrap 14 October: Eight of Nine Indices Rise as Zurich Leads and Milan Slips
Eight of Europe’s nine indices rose on Wednesday, led by Zurich’s SMI at 1.45 percent in a fourth straight gain, and Milan’s FTSE MIB fell 0.61 percent as the only decline, ending a three-session winning run. A hotter-than-expected US inflation report in mid-afternoon lifted the dollar and left Wall Street lower as Europe closed. Brent crude traded 0.57 percent above Tuesday’s settlement at 106.29 dollars a barrel on the 16:19 GMT reading.
Europe holds its gains through the hot US print
The STOXX Europe 600 added 0.43 percent to 637.75 on the administrator’s official closing value, and the Euro STOXX 50 rose 0.38 percent to 6,190.37. US consumer prices rose 0.6 percent in September and 3.7 percent on the year, above the 3.6 percent expected, with core prices up 0.3 percent, the Bureau of Labor Statistics reported, three hours before Europe’s closing auctions; money markets moved the chance of a Federal Reserve increase this month to around 41 percent from closer to 20 before the data, per LSEG figures carried by Reuters, and the dollar rose to its highest since April 2025 on the wire’s account, with the euro down 0.74 percent at 1.1115 on our 16:19 GMT reading.
London’s FTSE 100 rose 0.70 percent to 10,724.86 on the exchange’s own page, back within reach of last week’s three-week high, and Amsterdam’s AEX added 0.69 percent to 1,137.09, both rising after a single decline; ASML closed 1.23 percent higher at 1,528.20 euros on the exchange’s valuation close after reporting third quarter net sales of 11.7 billion euros and narrowing its full year sales outlook to 44 to 45 billion euros. Paris’s CAC 40 gained 0.58 percent to 7,873.11 and Frankfurt’s DAX 0.15 percent to 25,298.61 on its closing price, with Bayer up 5.64 percent and Rheinmetall and BMW each up 5.02 on the exchange’s gainers panel. Madrid’s IBEX 35 edged 0.10 percent higher to 19,230.70 on the 17:35 auction figure, and Zurich’s 1.45 percent rise to 14,129.93 was the day’s strongest move.
Health care leads the sectors as basic resources sink with the metals
Among the eight Stoxx Europe 600 sectors we track, health care rose 2.31 percent and personal and household goods 1.61, with telecommunications up 0.41, while basic resources fell 1.18 percent as the dollar’s rise pressed the metals, autos lost 0.71 and the banks 0.54. Technology closed flat and oil and gas eased 0.12, the omitted middle pair. Milan’s 0.61 percent fall came against that sector mix, the only national index to close lower.
Top gainers
| Index | Close | Change |
|---|---|---|
| SMI (Switzerland) | 14,129.93 | +1.45% |
| FTSE 100 (UK) | 10,724.86 | +0.70% |
| AEX (Netherlands) | 1,137.09 | +0.69% |
| CAC 40 (France) | 7,873.11 | +0.58% |
| STOXX Europe 600 (Europe) | 637.75 | +0.43% |
| Euro STOXX 50 (Euro area) | 6,190.37 | +0.38% |
| DAX (Germany) | 25,298.61 | +0.15% |
| IBEX 35 (Spain) | 19,230.70 | +0.10% |
Closes of Wednesday 14 October 2026, ranked by change against Tuesday’s closes as published; the STOXX pair carries the index administrator’s official closing values and the nationals their exchanges’ own finals. Run lengths are counted against our published closes.
Losers: FTSE MIB (Italy) 49,753.84, down 0.61 percent, the only decline, ending a three-session winning run.
Sectors
| Sector | Close | Change |
|---|---|---|
| Health Care | 1,126.83 | +2.31% |
| Personal and Household Goods | 953.63 | +1.61% |
| Telecommunications | 268.07 | +0.41% |
| Banks | 401.89 | -0.54% |
| Automobiles and Parts | 418.78 | -0.71% |
| Basic Resources | 809.15 | -1.18% |
STOXX Europe 600 sector closing values of Wednesday 14 October 2026, the administrator’s own, against Tuesday’s; the three strongest and three weakest of the eight we track, with technology, flat at 1,035.18, and oil and gas, down 0.12 percent at 577.38, the omitted middle.
Commodities and currencies
| Instrument | Level | Change |
|---|---|---|
| Gold, COMEX (Dec’26), dollars an ounce | $4,100.00 | -1.85% |
| Silver, COMEX (Dec’26), dollars an ounce | $55.85 | -6.17% |
| Brent Crude, ICE (Dec’26), dollars a barrel | $106.29 | +0.57% |
| WTI Crude, NYMEX (Nov’26), dollars a barrel | $95.53 | +1.48% |
| US Dollar Index (DXY) | 102.91 | +0.72% |
| Euro/Dollar | 1.1115 | -0.74% |
| Sterling/Dollar | 1.3139 | -0.85% |
| Dollar/Yen | 158.83 | +0.34% |
Intraday quotes at 16:19 GMT, in fixed order; snapshots, not settlements. The gold, Brent and WTI changes are against Tuesday’s settlements of 4,177.30, 105.69 and 94.14 dollars, as published in our Commodities Wrap of 13 October 2026; the silver change is against the feed’s prior settlement.
Asia, session of Wednesday 14 October
| Index | Close | Change |
|---|---|---|
| Taiex (Taiwan) | 48,625.83 | +0.59% |
| Nikkei 225 (Japan) | 67,744.29 | -0.05% |
| Hang Seng (Hong Kong) | 24,314.17 | -0.13% |
| Straits Times (Singapore) | 5,423.33 | -0.13% |
| Topix (Japan) | 4,096.78 | -0.34% |
| Nifty 50 (India) | 22,622.70 | -0.44% |
| Kospi (South Korea) | 6,008.81 | -0.44% |
| S&P/ASX 200 (Australia) | 8,727.90 | -0.64% |
| Shanghai Composite (China) | 3,767.23 | -0.88% |
| Shenzhen Component (China) | 12,110.59 | -1.97% |
Carried from our Asia Market Wrap of Wednesday 14 October 2026, the gainer then the losers in its published order; the Nifty row is the exchange’s own figure.
Middle East, session of Wednesday 14 October
| Index | Close | Change |
|---|---|---|
| ASE Index (Jordan) | 4,222.01 | +0.98% |
| DFM General (Dubai) | 5,892.57 | +0.58% |
| EGX 30 (Egypt) | 51,492.83 | +0.44% |
| FTSE ADX General (Abu Dhabi) | 9,833.59 | +0.41% |
| MSX 30 (Oman) | 7,755.303 | +0.35% |
| Bahrain All Share (Bahrain) | 1,879.78 | -0.14% |
| QE Index (Qatar) | 8,931.13 | -0.68% |
| Boursa Kuwait All-Share (Kuwait) | 8,533.60 | -1.40% |
| Tadawul All Share (Saudi Arabia) | 10,138.83 | -1.74% |
Carried whole from our Middle East Market Wrap of 14 October 2026, gainers then losers in its published order; the Amman, Dubai, Bahrain and Qatar basis notes as disclosed there.
Why it matters: The hot CPI landed in Europe’s mid-afternoon and the board still closed green: eight of nine indices rose on the session, and the dollar surge showed up instead in the sector table, where basic resources fell with the metals while health care led. Of the twenty-eight indices we published today across three regions, Zurich led at 1.45 percent and Shenzhen lagged at 1.97.
Outlook: Wall Street trades lower with Treasury yields higher after the inflation report, as Reuters carried it, and Bank of America and Morgan Stanley results are in the session. Our Commodities Wrap follows with the session’s settlements, and our US wrap after the New York close.
How these wraps are prepared: Methodology.
Correction, 15 October 2026: an earlier version named Riyadh’s 1.74 percent fall as the deepest among the twenty-eight indices we published; Shenzhen’s 1.97 percent fall was the deepest, with Riyadh second.
Sources: London Stock Exchange, Deutsche Boerse, Euronext, Borsa Italiana, Bolsas y Mercados Españoles, SIX Swiss Exchange, STOXX, ASML, CNBC, Reuters, US Bureau of Labor Statistics, The Edge.
