European Equities Close Mixed in Monday Trading; Eurozone Construction Continues to Contract

MT Newswires Live
8小时前

European stock markets closed mixed in Monday trading as the Stoxx Europe 600 slipped 0.04%, Germany's DAX closed flat, the FTSE 100 was off 0.13%, France's CAC dropped 1.36%, and the Swiss Market Index rose 0.4%.

Eurozone construction activity remained in contraction, according to the HCOB Eurozone Construction PMI Total Activity Index, which fell to 46.0 in September from 46.7 in August, signaling a sharper contraction in activity in the euro area construction sector. Hamburg Commercial Bank, which publishes the index, said the contraction was mainly due to declining French and German construction activity.

In the UK, the headline S&P Global UK Construction Purchasing Managers' Index, which tracks changes in total industry activity, rose to 46.2 in September from 45.5 in August, which is its highest reading in three months. Still, the reading remained below the 50.0-point threshold separating contraction from expansion.

Seasonally adjusted retail trade volume increased 0.1% in the euro area and was unchanged in the EU in August, compared with July, according to preliminary estimates from Eurostat, the statistical office of the European Union. Compared with a year earlier, the calendar adjusted retail sales index rose 1.0% in the euro area and 1.1% in the EU.

In corporate news, Stellantis plans a roughly $10 billion investment in the US in a bid to refocus on that market, Bloomberg News reported Saturday, citing people familiar with the situation. The automaker could announce roughly $5 billion in new investment in the coming weeks on top of a similar amount earmarked earlier in 2025, the unnamed sources told the news outlet.

The company didn't immediately respond to MT Newswires' request for comment.

Shares of Stellantis advanced 3.5% Paris

Banco Bilbao Vizcaya Argentaria has filed a complaint against rival Sabadell with the Spanish market regulator, accusing it of trying to obstruct the 17 billion euro ($19.83 billion) hostile takeover proposal, The Financial Times reported Monday. BBVA is alleging that Sabadell's staff is obstructing its own shareholders when they go to branches to accept the offer, the report said. BBVA did not immediately respond to an MT Newswires request for comment.

Shares of the Spanish lender dropped 1.3% in Madrid.

AstraZeneca has signed a $555 million deal with Algen Biotechnologies to leverage AI for drug development, the Financial Times reported Monday. The report said that this pact gives AstraZeneca exclusive rights to develop and commercialize therapies from the gene-editing technology known as Crispr.

Shares of AstraZeneca gained 0.8% on the FTSE 100.

Shell entered an agreement to sell a 27% participating interest in the North Cleopatra block offshore Egypt to QatarEnergy for an undisclosed sum, the latter said on Sunday. The oil and gas major will retain a 36% participating interest as operator of the block, with Chevron holding a 27% participating interest and Tharwa Petroleum Company holding 10%.

Shares of the Shell closed 1.2% higher in London

The US Supreme Court on Monday declined to hear SAP's (SAP) appeal seeking to dismiss an antitrust lawsuit filed by Teradata, allowing the case to move forward, Reuters reported. The 9th US Circuit Court of Appeals had revived the suit in 2024, finding Teradata raised valid claims that SAP tied sales of its business-planning software to purchases of its database, potentially violating US antitrust law, according to the report.

SAP did not immediately respond to MT Newswires' request for comment on the matter.

Shares of SAP were up 0.6% on the DAX.

Criteo said Monday it entered into a multi-year partnership with DoorDash (DASH) to scale advertising in the delivery platform's US grocery, convenience, and other non-restaurant marketplace. Under the agreement, Criteo will act as an extension of DoorDash's US ad sales team for brands and agencies while both sides explore longer-term technology integrations, the company said.

Shares of the internet advertising firm fell 1.1% in Frankfurt.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10