European stocks close higher as investors digest GDP data; NatWest slides 4%
Publishing timestamp: 2023-04-28 12:05:03
Summary
European stock markets closed higher despite some losses in the banking sector, with oil and gas leading gains. Euro zone GDP grew by 0.1% in Q1, falling short of expectations. First Republic seeks a recovery strategy after losing around 40% of its deposits in Q1. NatWest reports an increase in income but shares fall. Mercedes-Benz beats forecasts but reports a fall in year-on-year earnings. Remy Cointreau expects sales to decline in the next two quarters. Deutsche Bank agrees on an all-cash offer for Numis Corporation. The Bank of Japan keeps its interest rates unchanged. The US economy expands at a much slower pace than expected.
Sentiment: MIXED
Tickers: FRC, CBK-DE, DBK-DE, MBG-DE, UCG-IT, META, .DJI, CBGC-FF, AMZN, 0R3T-GB, ULVR-GB, NWG-GB, .IXIC, BARC-GB, .SPX, RCO-FR, .FTSE, JP10Y-JP, CSG.N-CH, .GDAXI, INTC, BL15-GB, .FCHI, CABK-ES, CARL.B-DK, DBK-FF, .STOXX, .SOX, AZN-GB, .BBKA,
Keywords: natwest group plc, barclays plc, carlsberg a/s, stoxx 600, first republic bank, breaking news: europe, commerzbank ag, dax, amazon.com inc, ftse 100, caixabank sa, united states, mercedes benz group ag, meta platforms inc, deutsche bank ag, cac 40 index, unilever plc, business news, remy cointreau sa, unicredit spa, astrazeneca plc, earnings,
Source: https://www.cnbc.com/2023/04/28/european-markets-open-to-close-earnings-data-and-news.html