European stocks rise for a second session based on the results of companies and Spain are falling due to Catalonia

in #europe7 years ago

European shares rose on Monday, extending gains for a second straight session, on the back of higher-than-expected third-quarter earnings, while Spain's stocks fell as concerns about the country's political tensions over the independence of Catalonia continued.

The Dow Jones Stoxx Europe 600 rose more than 0.3% by 10:45 GMT, the index ended Friday's session up 0.2%, after strong results from Volvo Sweden and Ericsson.
Health care companies gained the most gains on the Stoxx Europe index, with Dutch company Philips rising 1% after the company posted a 12% increase in third-quarter profit.

In Spain, the APEX 35 index fell 0.3% as the banking sector and financial companies slumped as political tensions in the country over the independence of the Catalonia region continued as the central government in Madrid moved ahead with autonomy measures in Catalonia while Catalan leader Carles Bodjmon insisted on Continue to declare the region a new European state.

S & P 500 futures rose 0.3%, the highest level ever before the opening of the official session on Wall Street, and ended the index Friday, up 0.5% to record a new record at 2,575.44 points.

The Euro Stoke 50 rose 0.4% in the morning. In France, the CAC 40 index rose 0.5%. In London, the FTSE 100 added 0.2%.

In Germany, the DAX rose by 0.5%, extending its strong gains for a second session in a row, close to a record high of 13,094.76 last week.

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