Frankfurt rose 0.44% to lead a split European board on Wednesday, while a Brazil-driven slide in Santander pulled Madrid 1.45% lower and London took the Healey budget in stride. Earnings did the day’s sorting: in The Edge’s reading, results that rewarded Deutsche Bank and punished Santander moved the continent’s markets, while the budget’s clearest mark…
Mercedes-Benz lifted third-quarter net profit to €1.52 billion on Wednesday, a day after cutting its 2026 car margin guidance, while Stellantis narrowed its quarterly net loss to €453 million. In The Edge’s reading, higher European sales are not yet enough to protect carmakers’ margins. Mercedes-Benz’s adjusted car margin nearly halved to 2.5% despite rising European…
BNP Paribas lifted third-quarter net income 13.5% to €3.46 billion on Wednesday, and UBS, Santander, Deutsche Bank and Standard Chartered also reported higher profit on their own headline measures. In The Edge’s reading, wealth and markets businesses supplied much of the growth at UBS and Standard Chartered, and the corporate and institutional bank at BNP…
Milan’s FTSE MIB rose 0.90 percent to 49,627.95 on Tuesday, a third straight gain at the top of a European board that closed eight of its nine indices higher, on our count. Basic resources climbed 2.08 percent and technology 1.99 percent to lead the Stoxx sectors, while London’s FTSE 100 fell 0.75 percent, the lone…
The nine European indices we track all closed higher on Monday. Milan’s FTSE MIB rose 1.29 percent to lead the session, Frankfurt’s DAX added 0.91 percent after a stronger-than-expected Ifo survey, and the Stoxx Europe 600 rose 0.77 percent to 640.66, ending two straight declines, at the start of a week in which the Federal…
The oil and gas group rose 2.99 percent on Friday, the only gainer among the eight Stoxx supersectors we track, on a day United States crude topped 100 dollars a barrel on renewed concern that the United States-Iran conflict will flare again, per CNBC’s report. The Stoxx Europe 600 slipped 0.31 percent to 635.77, a…
Milan’s FTSE MIB fell 2.54 percent on Thursday, the deepest decline on a day when all nine European indices we track closed lower. Banks and miners fell hardest among the sectors, down 3.54 and 3.89 percent, while health care rose 2.07 percent. The retreat completed a clean sweep across our coverage: every index we published…
Europe’s nine indices all rose on Wednesday as technology shares rebounded from the chip selloff. The Euro STOXX 50 gained 1.40 percent and Frankfurt’s DAX rose 1.35, while London’s FTSE 100 lagged at 0.19 percent higher after a hotter-than-expected British inflation report. Brent crude traded 1.04 percent above Tuesday’s settlement at 109.92 dollars a barrel…
Seven of Europe’s nine indices slipped on Tuesday as the selloff in the chip names crossed from Asia, while Zurich and Madrid rose. Amsterdam’s AEX fell 0.68 percent in the day’s deepest move, and the STOXX Europe 600 eased 0.14. Health care led the sectors at 1.83 percent while technology fell 0.91. Brent gave back…
Construction output in the euro area rose 1.8 percent in August from July, Eurostat said on 20 October. That is the largest monthly gain since March, on our reading. Output across the wider EU grew 2.0 percent. Compared with August 2025, euro area construction was 1.4 percent higher, the first annual gain since May, on…