European Stocks Higher, Corporate News in Focus

Oct 20, 2025, 14:31 GMT+7
Trading Economics - European markets opened the week in positive territory, with both the STOXX 50 and STOXX 600 rising 0.5%, rebounding from sharp losses on Friday.
Sentiment improved as concerns over US banking credit eased.
Investor confidence was further supported by reports that President Trump sought to de-escalate trade tensions with China.
The luxury sector was among the strongest performers, with Kering jumping 4.3% after agreeing to sell its beauty division to L'Oral (up 0.7%) for EUR4 billion.
The defense sector also advanced, with Rheinmetall up 3.3% and Leonardo gaining 2.9%, both recovering from losses in the previous session.
Large-cap stocks mostly traded higher, including ASML Holding (+1.1%), Herms (+1.0%), HSBC (+1.6%), and SAP (+1.0%).
However, Thyssenkrupp tumbled more than 22% after a spin-off.
B&M European Value Retail also slumped 18% after its CFO resigned, following the company's decision to cut its profit forecast due to an accounting error.

Sumber : Trading Economics