Major stock indices in Europe trading in the green zone

Stock indices in Europe have showed gains on the background of mixed financial statements of some companies, and fears that the expectations after the US elections have been overly optimistic. At the same time the shares of mining companies continue to rise due to higher prices for oil and metals.

Today, investors expect comments from European Central Bank President Mario Draghi, after he confirmed last week that the bank is ready to implement new stimulus measures if necessary.

European stocks strengthened after ECB President Mario Draghi said on Friday that the central bank will continue to use all available tools.

Speaking at the 26th European Banking Congress in Frankfurt, Draghi added that the recovery of the eurozone economy is still largely based on the accommodative monetary policy.

The composite index of the largest companies in the region Stoxx Europe 600 rose 0.03% to 339.49 points.

Essentra shares tumbled 19% after the deterioration of the annual profit and revenue.

The market value of Mitie Group Plc, providing cleaning services for offices, decreased by 14%, as the company forecast earnings below previous estimates and market expectations.

Meanwhile, the stock prices of mining corporations BHP Billiton, Rio Tinto and Glencore rose at least 1%. Randgold added 2.1%, Fresnillo +1,9%.

BP shares increased by 1%, Royal Dutch Shell 1,5%. Brent crude oil increased by 1.3%, to $ 45.91 per barrel.

At the moment:

FTSE 6802.06 26.29 0.39%

DAX 10689.52 24.96 0.23%

CAC 4523.99 19.64 0.44%