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European Equities Close Higher in Wednesday Trading; German CPI Meets Forecasts

BY MT Newswires | ECONOMIC | 11/12/25 12:19 PM EST

12:19 PM EST, 11/12/2025 (MT Newswires) -- European stock markets closed higher on Wednesday, adding to gains this week, with the Stoxx Europe 600 up 0.71%, Germany's DAX gaining 1.22%, the FTSE 100 increasing 0.12%, France's CAC rising 1.04%, and the Swiss Market Index adding 0.72%.

In Germany, the country's statistics office said Wednesday that inflation eased in October to 2.3% from the 2.4% rate in September. The inflation figure was in line with estimates compiled by Bloomberg.

In corporate news, Scottish energy multinational SSE on Wednesday reported H1 2025 adjusted diluted earnings per common share of 0.36 British pounds ($0.47), down from 0.51 pounds a year earlier due to lower profits in renewables and flexible generation. Revenue from continuing operations for the half year ended Sept. 30 rose to 4.63 billion pounds from 4.46 billion pounds a year earlier. Separately, SSE said Wednesday it is launching a fully-funded 33 billion pound ($43.3 billion) five-year investment program to upgrade the UK's electricity networks and support renewables and flexible generation.

Centessa Pharmaceuticals said late Tuesday it priced a public offering of 11.6 million American depositary shares, each representing one ordinary share, at $21.50 apiece, for expected gross proceeds of about $250 million. Centessa shares climbed 13% in London.

Norway's Equinor said Wednesday it has completed the sale of a 40% operated interest in Brazil's Peregrino oilfield to Prio, transferring full operatorship of the field to the Brazilian company. Equinor received a total of $2.33 billion for the stake, including a $335 million deposit paid at signing. The Norwegian energy major said that after adjustments for prior cash flow, it received $1.55 billion at closing. Equinor shares were down 1.8% in Oslo.

Citigroup has been allowed to sell its Russian bank to Renaissance Capital under an order signed by Russian President Vladimir Putin, Bloomberg reported Wednesday.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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