LONDON (The Deal) -- European stock indices on Wednesday gave up some of the previous session's gains as police raided an apartment in the suburbs of Paris, targeting suspects in Friday's terrorist attacks.
Friday's attacks, which have so far killed 129 people, have had a mixed impact on European stocks, with defense and aerospace companies on Tuesday contributing to a rally. On Wednesday, news outlets including British Broadcasting Corp. reported that a prolonged raid on a St Denis apartment had left at least one suspect dead, with others arrested.
In Paris, the CAC 40 was down 1.02% at 4,886.87. In London, the FTSE 100 fell 0.43% to 6,241.66, and in Frankfurt the DAX declined 0.67% to 10,897.36.
After European markets close, the Federal Reserve Open Market Committee will release minutes of its Oct. 27 and Oct. 28 meeting and these will be scrutinized for clues about the timing and magnitude of the expected U.S. rates rise.
In the U.K., Bank of England Deputy Gov. Ben Broadbent gave a speech in which he challenged the prevailing dovish interpretation of the central bank's latest monthly inflation report, which many had taken to suggest rates might not rise until as late as 2017.
Industrial gases maker Air Liquide was down more than 5% in Paris after agreeing to pay $13.4 billion in cash and debt for U.S. peer Airgas (ARG) .
Air France-KLM (AFLYY) shares slipped more than 1% after two flights to the U.S. on Tuesday were diverted amid security fears.
In London, parcel delivery company UK Mail Group was down close to 11% after warning that its expectations for profit in its next fiscal year had softened and said it would "re-base" the dividend. In a first-half results announcement it said it was taking longer than expected to resolve issues at a new delivery hub and its transport network.
Breedon Aggregates was up more than 3% after announcing a deal to buy building materials maker Hope Construction Materials from Cortolina Investments Sarl, a Mittal family vehicle, for £336 million ($511.7 million).
Hikma Pharmaceuticals (HKMPF) was up more than 2% after the drugmaker made changes in response to Food and Drug Administration warning letter to its injectables manufacturing plant in Portugal, bringing the matter to a close.
TLG Immobilien in Frankfurt was up almost 1% at €16.78 after placing €101.8 million ($108.6 million) of shares at €16.60 apiece.
SpiceJet surged 9.5% on the Bombay Stock Exchange after declaring it will fight a fine imposed by the antitrust regulator on the airline and two peers for cargo transportation price fixing.
In Tokyo, the Nikkei 225 closed up 0.09% at 19,649.18 and the Topix closed at 1,586.53, up 0.03%. In China all indices closed lower, with the Shanghai Composite falling 1.01% to 3,568.47. In Hong Kong, the Hang Seng edged down 0.08% to 6,665.33.