Global Market: European shares rise as easing oil prices lift sentiment; earnings in focus

Synopsis

European shares rose as banking stocks gained on easing oil prices and hopes of an energy ceasefire between Russia and Ukraine. Investors turned to corporate earnings from LVMH, ASML and EQT for fresh cues amid geopolitical uncertainty and elevated borrowing costs.

European shares rose on Monday, supported by banking stocks as oil prices eased on hopes of an energy ceasefire between Russia and Ukraine, while investors awaited corporate earnings for fresh direction amid geopolitical uncertainty and elevated borrowing costs.

The pan-European STOXX 600 index gained 0.43% to 634.25 points by 0709 GMT. Spain's IBEX, which has a significant banking sector weighting, outperformed regional peers, climbing 1.3%.

S&P 500 Top Gainers

Crown Castle79.64(15.60%)

Moderna225.00(14.21%)

Humana431.87(11.56%)

American Tower182.24(9.30%)

S&P 500 Top Losers

T-Mobile US148.58(-13.27%)

AT&T22.18(-9.70%)

Coterra Energy32.56(-8.62%)

Verizon Communications41.65(-8.61%)

Oil prices declined on expectations of increased Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US-Russian diesel supply deal. The prospect of reduced energy supply disruptions helped improve investor sentiment, while easing euro zone bond yields provided further support to risk-sensitive assets.

Investors are now turning their attention to the corporate earnings season to assess the resilience of European companies amid geopolitical risks and higher borrowing costs. Results and management commentary are expected to provide fresh insights into business conditions, demand trends and the outlook for corporate profitability.

Live Events

Luxury goods group LVMH is scheduled to report results after European markets close on Monday. Semiconductor equipment maker ASML and investment firm EQT are also due to announce their results later this week, with investors likely to scrutinise their outlooks for signs of strength or weakness across key sectors.

Among individual stocks, Nordex rose 2.5% after the onshore wind turbine manufacturer reported a 30% year-on-year increase in project order intake in the third quarter, highlighting stronger demand for its products.

According to Reuters, investors are looking for earnings updates to help determine the next direction for European equities, as easing energy prices offer some relief but geopolitical uncertainty and financing costs continue to shape the market outlook.

(You can now subscribe to our ETMarkets WhatsApp channel)

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...moreless

Brinjal, buffalo, bacteria: Inside India’s pay-for-nature system

Homebuyers wait as NCLT panel picks holes in unfinished Jaypee projects

The NBFC saga - Part 3: How one default in 2018 changed the way RBI reads risk

Four rules made HDFC Bank a compounder. All four have stopped. Can the new CEO rewrite them?

What is the real impact of 13x jump in cash transfers to women?

The NBFC saga - Part 2: Line drawn in 2006 is reason for the headlines today

Find this comment offensive?

Choose your reason below and click on the Report button. This will alert our moderators to take action

Name

Reason for reporting:

Foul languageSlanderousInciting hatred against a certain communityOthers

Your Reason has been Reported to the admin.

Continue reading with one of these options:

Limited Access

Free

Login to get access to some exclusive stories

& personalised newsletters

Login Now

Unlimited Access

Starting @ Rs120/month

Get access to exclusive stories, expert opinions &

in-depth stock reports

Subscribe Now

ET

Unlock Access to All Exclusives with ETPrime FREE TRIAL

15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers

Trial offer expiring in00 : 05 : 00

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Prime Account Detected!

It seems like you're already an ETPrime member with

Unlock ETPrime's Exclusive Stories Today!

Subscribe to gain powerful insights on business, stock market and industry trends.

Big Price Drop! Flat 40% Off

Student Only Offer

Already a Member? Sign In now

Already a Member? Sign In now

Already a Member? Sign In now

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Avail Offer

Offer Exclusively For You

Get 1 Year Free

With 1 and 2-Year ET prime membership

Avail Offer

Offer Exclusively For You

Get 1 Year Free

With 1 and 2-Year ET prime membership

Avail Offer

Offer Exclusively For You

Get Flat 40% Off

Then ₹ 1749 for 1 year

Avail Offer

Offer Exclusively For You

ET Prime at ₹ 49 for 1 month

Then ₹ 1749 for 1 year

Avail Offer

Special Offer

Get flat 40% off on ETPrime

Avail Offer

Avail Offer

Claim Now

Already a Member? Sign In now

Need Assistance?

Connect with an ETPrime expert for personalized support and guidance

What’s Included with

ETPrime Membership

1Exclusive Insights That Matter

Uncover the truth with our investigative stories

Make strategic moves using the real-world case studies

Read industry-specific stories to identify emerging trends

Spot opportunities with in-depth insights that matter

Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

What Adani’s US indictment means for India Inc’s overseas fundraising

Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?

Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

The problem with lab grown diamonds

Why a falling rupee is a better option for the economy

A list of top 20 momentum stocks that have delivered massive returns in one year

2Invest Wisely With Smart Market Tools & Investment Ideas

Get daily trade ideas from SEBI-registered research analysts.

Grow your wealth with stock ideas & sectoral trends.

All-in-one stock research with Stock Score, peer comparison & key signals.

Get to know where the market bulls are investing to identify the right stocks.

Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.

Analyze the market sentiments & identify the trend reversal for strategic decisions.

Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.

3Stay informed anytime, anywhere with ET ePaper

ePaper - Print View

Read the PDF version of ET newspaper. Download & access it offline anytime.

ePaper - Digital View

Read your daily newspaper in Digital View & get it delivered to your inbox everyday.

Wealth Edition

Manage your money efficiently with this weekly money management guide.

4Times Of India Subscription (1 Year)

TOI ePaper

Read the PDF version of TOI newspaper. Download & access it offline anytime.

Deep Explainers

Explore the In-depth explanation of complex topics for everyday life decisions.

Health+ Stories

Get fitter with daily health insights committed to your well-being.

Personal Finance+ Stories

Manage your wealth better with in-depth insights & updates on finance.

5Enjoy Complimentary Subscriptions From Top Brands

Docubay Subscription

Stream new documentaries from all across the world every day.