European shares headed for weekly gains after ECB rate cut
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window
Oct 18 (Reuters) -European shares opened muted on Friday, after the European Central Bank's latest rate cut and upbeat earnings prompted strong gains in the previous session, with the main stocks gauge headed for a second weekly rise.
The Europe-wide STOXX 600 .STOXX index was down 0.05% at 0718 GMT, with real estate firms .SX86P leading losses down 0.6%, while basic resources .SXPP and autos .SXAP helped to keep it afloat.
The ECB trimmed its interest rates on Thursday to 3.25%, and while President Christine Lagarde did not provide hints on future moves, four sources close to the matter told Reuters a fourth cut in December is likely unless key data turns south in the coming weeks.
In single stocks, Swedish truck maker Volvo's VOLVb.ST shares fell 3% after the company reported a bigger-than-expected drop in its third-quarter adjusted operating profit and said it expects roughly unchanged demand next year.
British American Tobacco BATS.L said it is close to settling its Canadian tobacco litigation, sending shares down 2%.
Switzerland's Avolta AVOL.S and Barry Callebaut BARN.S were up between 2% and 3% after receiving upgrades from Deutsche Bank and Morgan Stanley, respectively.
Reporting by Paolo Laudani in Gdansk and Ankika Biswas in Bengaluru; Editing by Abinaya Vijayaraghavan
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
