European Shares Edge Higher as Lower Oil Prices Lift Sentiment
The chemicals sector led gains as the Stoxx 600 rose 0.44%, while technology shares fell 1.5% on competition concerns.
- On Tuesday, Oct 13, 2026, European shares rose as lower oil prices lifted appetite for regional equities, with the European Stoxx 600 gaining 0.44% to 638.44 points.
- Oil prices fell as traders assessed supply risks following attacks on Saudi Arabia and weighed the prospect of additional diesel supplies from Russia, supporting broader market sentiment.
- Market gains were widespread, with London's FTSE 100 gaining roughly 1% as the strongest regional performer, while the chemicals sector climbed 2% to lead sectoral advances.
- Technology stocks fell 1.5% after reports of advances by Chinese memory-chip maker ChangXin Memory Technologies fueled competition concerns, according to OCBC analysts; Nokia shares dropped 4.4%.
- Investors are currently monitoring key September economic data from Germany, Europe's largest economy, due for release later today to assess broader regional economic momentum.
7 Articles
7 Articles
European shares edge higher as lower oil prices lift sentiment
European shares edge higher as lower oil prices lift sentiment
EUROPEAN shares rose on Tuesday (Oct 13) as lower oil prices lifted appetite, though technology stocks came under pressure after reports of advances by Chinese memory-chip maker ChangXin Memory Techno... Read more at The Business Times.
European shares rose in early trade on Tuesday as lower oil prices offered some relief to the market. The pan-European STOXX 600 index rose 0.44% to 638.44 points at 10:14 Greek time, with Britain's FTSE 100 gaining about 1%. Oil prices were lower as investors assessed the risks to crude supply following the attacks in Saudi Arabia. The technology sector fell 1.5% after reports of significant technological progress by Chinese memory chipmaker Ch…
The Asian Stock Exchanges are shaken by massive sales of tech values. Europe, less "technological", avoids the storm. ...
The European Stock Exchanges opened up on Tuesday, resistant to massive sales on technology in Asia, where memory chip manufacturers plunged after progress announced by a Chinese competitor...
The Western European stock indices have completed the growth bidding on Monday.
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