{"id":66065,"date":"2025-10-31T17:59:09","date_gmt":"2025-10-31T17:59:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/10\/31\/european-markets-close-weak-after-cautious-session-3\/"},"modified":"2025-10-31T17:59:09","modified_gmt":"2025-10-31T17:59:09","slug":"european-markets-close-weak-after-cautious-session-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/10\/31\/european-markets-close-weak-after-cautious-session-3\/","title":{"rendered":"European Markets Close Weak After Cautious Session"},"content":{"rendered":"
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European markets<\/span> closed weak on Friday, as investors reacted to a slew of earnings updates, regional economic data, and continued to assess the recent policy announcements from major central banks, and the developments on the trade front.<\/p>\n

The pan European Stoxx 600 ended down by 0.51%. The U.K.’s FTSE 100 and France’s CAC 40 both closed lower by 0.44%, and Germany’s DAX ended 0.67% down. Switzerland’s SMI lost 0.61%.<\/p>\n

Among other markets in Europe, Belgium, Denmark, Finland, Greece, Iceland, Netherlands, Poland, Portugal, Russia and Sweden ended weak.<\/p>\n

Austria, Czech Republic, Norway and Turkiye closed higher, while Ireland and Spain ended flat.<\/p>\n

In the UK market, WPP closed down by 5%. Auto Trader Group, Burberry Group, Intercontinental Hotels Group, Whitbread, Hiscoz and Barratt Redrow lost 2 to 3.51%.<\/p>\n

Smith & Nephew climbed 2.78%. Metlen Energy & Metals moved up by 2.1%. BT Group, Babcock International, Diageo, Haleon, Easyjet, Vodafone Group and Hikma Pharmaceuticals also closed on firm note.<\/p>\n

In the German market, Allianz, Munich RE, Hannover Rueck, Symrise, Adidas, Deutsche Telekom, Vonovia, E.ON, Zalando and Scout24 lost 1 to 2%.<\/p>\n

Qiagen, Merck, Commerzbank and Siemens Energy posted notable gains.<\/p>\n

In the French market, AXA ended more than 4% down, after reporting a 6% in gross written premiums and other revenues for the first nine months of the year.<\/p>\n

Saint Gobain closed nearly 4% down. Edenred lost about 3.6% and Kering closed lower by 2.5%.<\/p>\n

Veolia Environment, Schneider Electric, Air Liquide, Accor, Michelin and Hermes International lost 1 to 2%.<\/p>\n

Societe Generale climbed more than 3% and Capgemini gained about 2.5%. Renault, Eurofins Scientific and Safran posted moderate gains.<\/p>\n

Data from the federal statistical office Destatis showed Germany’s retail sales rose 2% month-over-month in September, after a revised 0.5% drop in the previous month. September’s reading marked the first monthly increase since June. On an annual basis, retail sales grew 0.2% in September, after a downwardly revised 1.4% increase in August, and registering the slowest pace of increase in 14 months.<\/p>\n

Data from Eurostat showed euro area consumer price inflation eased to 2.1% in October, down from 2.2% in September, according to preliminary data. The consumer price index increased 0.2% month-over-month in October, following a 0.1% rise in September.<\/p>\n

Annual core inflation rate in the euro area which excludes prices of energy, food, alcohol and tobacco, was at 2.4% in October, the same as in September.<\/p>\n

data from INSEE showed the annual inflation rate in France eased to 1% in October, down from 1.2% in September and below expectations of 1.1%, according to preliminary estimates. <\/p>\n

On a monthly basis, the CPI edged up 0.1%, following a 1.0% drop in September, in line with forecasts, largely reflecting higher prices for services and manufactured goods. <\/p>\n

Meanwhile, producer prices in the French domestic market fell by 0.2% month-over-month in September 2025, the same as in the previous period. On an annual basis, producer prices rose modestly by 0.1%, unchanged from the previous month, supported by moderate gains in manufactured products. source: INSEE, France<\/p>\n

Eurozone inflation eased slightly in October, due largely to the fall in energy prices, flash estimate from Eurostat showed. <\/p>\n

The harmonized index of consumer prices rose 2.1% on a yearly basis, following a 2.2% rise in September. Inflation came in line with expectations.<\/p>\n

Core inflation that excludes energy, food, alcohol and tobacco held steady at 2.4% in October. The core rate was expected to slow to 2.3%.<\/p>\n

Data from the Nationwide Building Society showed UK house prices increased at a slower pace in October as buyers became cautious ahead of the budget.<\/p>\n

House price posted a monthly growth of 0.3% in October, slower than the 0.5% rise seen a month ago, the data said. Nonetheless, the figure was better than the forecast of nil growth.<\/p>\n

On a yearly basis, house price growth accelerated more-than-expected to 2.4% from 2.2% in September. Economists had forecast an annual increase of 2.3%. <\/p>\n<\/p>\n

Market Analysis<\/p>\n<\/div>\n