European indices mixed on Wednesday

India Infoline News Service | Mumbai | October 25, 2017 15:11 IST

European indices were mixed today as investors remained cautious during the earnings season.

European indices were mixed today as investors remained cautious during the earnings season. Investors adopted a wait and watch approach ahead of European Central Bank's quantitative easing programme expected Thursday.

The pan-European Stoxx 600 was 0.13% down with most sectors moving in negative territory.

Shares of Kering surged 6% after sales of their brand Gucci jumped.

Shares of ballpoint pen maker BIC fell 10% after the company reported a weaker-than-expected sales figure.

Lloyds Banking Group reported lower-than-expected pre-tax profits in the third quarter. It dropped 1.7% in early deals.

Meanwhile, FTSE 100 and DAX traded in red, while CAC 40 rose 6 points.

 

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