This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The Deal: European and Asian Shares Trade Mixed

Stocks in this article: HBC

LONDON (The Deal) -- European and Asian stocks were mixed Monday amid continued expectations the Federal Reserve may soon tighten its monetary stance and as European economic data on balance painted a picture of recovery.
In London, the FTSE was up 0.38% at 6,760.43, while in Frankfurt the DAX climbed 0.28% to 9,032.61. In Paris, the CAC 40 gained 0.26% to 4,284.42.
Across the eurozone, the Markit Purchasing Managers' index of the manufacturing sector climbed for the fourth consecutive month in October. The results showed an above-forecast increase in Germany, while in Spain the index rose for the third month, providing more evidence Europe's No. 5 economy is on a recovery track.
Across the eurozone, investor confidence, as measured by the Sentix index, rose sharply to a two-and-a-half year high.
Shares in HSBC Holdings (HBC) rose more than 2% after the bank posted a 30% increase in third-quarter profit to $4.53 billion and continued to reduce costs as a percentage of revenue under CEO Stuart Gulliver.
Ryanair Holdings was down almost 12% after the airline said full-year profit could drop as much as 12% from its last financial year. Its news weighed on the shares of Air France-KLM and Deutsche Lufthansa, which last week delivered downbeat financial reports of their own.
In Hong Kong, the Hang Seng closed down 0.26% at 23,189.62, while in Tokyo the Nikkei 225 pared 0.88% to 14,201.57.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs