European stocks rebound after last week's selloff, eyes on earnings and data
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.
Split plan drives Embracer shares higher
Alstom up after North American unit sale to Knorr-Bremse
STOXX 600 up 0.6%
Updated at 1605 GMT
By Johann M Cherian and Sruthi Shankar
April 22 (Reuters) -European stocks closed higher on Monday, with British blue-chips nearing record levels as investors took comfort from easing tensions in the Middle East and looked ahead to earnings from European banks and U.S. tech giants later this week.
The continent-wide STOXX 600 index .STOXX rose 0.6%, rebounding from last week's selloff triggered by geopolitical concerns as well as worries that the Federal Reserve will delay interest rate cuts.
The main European regional markets barring Italy .FTMIB rose on Monday, with Britain's commodity-heavy FTSE 100 .FTSE jumping 1.6% to near record highs, aided by a weaker pound and rising metal prices. .L
Traders also unwound their defensive positioning after Iran said that it had no plan to retaliate following an apparent Israeli drone attack within its borders.
"It's a bit of a messy picture for markets at the moment with huge uncertainty around events in the Middle East, US tech seeing its biggest sell-off for around 18 months, and with yields climbing as rate cuts gets increasingly pushed out," said Deutsche Bank strategist Jim Reid.
Earnings reports from European lenders will be in the spotlight this week as investors are likely to get a clearer picture of whether higher interest rates are still boosting profits or if a year-long share price rally will run out of steam.
Overall, quarterly earnings for STOXX 600 companies are expected to decline 12.1% from a year-ago period, according to LSEG data.
Bigger focus will be on earnings from some of Wall Street's biggest names including Alphabet GOOGL.O, Microsoft MSFT.O and Meta Platforms META.O as well as economic data from across the globe later this week.
French central bank chief Francois Villeroy de Galhau said on Sunday tension in the Middle East is unlikely to drive up energy prices and should not affect the European Central Bank's plans to start cutting interest rates in June.
Greece's ATHEX index .ATG gained 2.0% after credit ratings agency S&P revised the country's outlook to "positive" from "stable".
Among single stocks, Portuguese oil firm Galp soared 20.6% to a 16-year high after it said its Mopane field off the coast of Namibia could have at least 10 billion barrels of oil. Sources told Reuters Galp has launched the sale of half of its stake in the exploration block that includes the Mopane field.
Shares of Alstom ALSO.PA gained 2.3% after the French train manufacturer agreed to sell its North American conventional rail signalling business to German rail systems manufacturer Knorr-Bremse AG KBX.DE for around 630 million euros ($671 million).
Embracer EMBRACb.ST said it plans to split into three separate listed companies, and that it has secured new financing that it will use to cut debt, sending shares of the Swedish gaming group higher by 8.6%.
Iveco IVG.MI dropped 2.2% after the automotive manufacturer said Chief Executive Officer Gerrit Marx is leaving to head Italian-American company CNH Industrial CNHI.N.
Reporting by Johann M Cherian and Sruthi Shankar in Bengaluru; Editing by Eileen Soreng and Sherry Jacob-Phillips
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
