And rose European STOXX 600 index 0.7 percent at the close, supported by a 2.2 percent rise in technology sector stocks, compensating for the losses of the previous session. Automotive sector shares also increased 2.2 percent after falling by more than two percent yesterday, Wednesday.
The gains were supported by an increase in the basic resources index by 3.9 percent, recording its best daily performance in six weeks after the price of basic metals rose.
The Financial Times 100 is the only index among the major European indices that closed lower, falling 0.3 percent.
And he said Bank of England The government’s plans are likely to raise inflation by about half a percentage point to its peak in more than two years, and it may take another year before it returns to the central bank’s target of two percent.
Investors’ focus will now shift to the Federal Reserve’s decision Interest rates At 1900 GMT.
The European STOXX 600 index rose by about 1.9 percent in the previous session, tracking Wall Street after the return of Donald Trump to the presidency of the United States, but it closed lower as investors evaluated the possibility of imposing customs duties.
ArcelorMittal shares rose 6.5 percent after the world’s second-largest steelmaker announced core third-quarter profits that exceeded market expectations.
Shares in Banco BBM, the third largest bank in Italy, jumped nine percent due to its intention to offer to fully acquire Anima Holding for Asset Management in a deal worth up to 1.6 billion euros ($1.7 billion). Anima shares jumped 11.1 percent.
Dutch financial technology Aden shares fell three percent after announcing a processing volume that exceeded market expectations in the third quarter.
British ITV shares fell 12.9 percent after recording a worse-than-expected decline in revenues during the nine months ending on September 30.
Daimler shares gained 3.1 percent after the truck maker reported slightly better-than-expected core earnings in the third quarter.
