TELETRADER News
10/29/2021, 5:33 PM (Source: TeleTrader)
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Europe closes mixed following earnings, data

Major stock markets in Europe closed mixed on Friday, as investors reflected on new data. Germany's statistical office reported the country's gross domestic product (GDP) to have expanded by 1.8%, still missing analysts' expectations, while the Eurozone's surpassed estimates to rise by 2.2%. Meanwhile, the United Kingdom's mortgage approvals were down to 72,600 in September. Notably, European companies including Daimler, BNP Paribas and Eni all published their quarterly earnings earlier in the day.

The DAX finished the day mostly flat with 0.05% in the red, as well as the FTSE 100 which saw Natwest Group PLC lose 4.45%. The CAC 40 finished 0.30% higher with Essilorluxottica gaining 3.54%. The euro lost 0.97% on the dollar trading for $1.15652 at 5:19 pm CET, while the pound was 0.67% lower than the American currency to change hands for $1.36984 a minute later.

Baha Breaking the News (BBN) / TT