Follow Invezz on Telegram , Twitter , and Google News for instant updates > European markets started the session in positive territory as investors prepared for the European Central Bank's final monetary policy decision of 2024. Advertisement Are you looking for signals & alerts from pro-traders? Sign-up to Invezz SignalsTM for FREE. Takes 2 mins.
The pan-European Stoxx 600 index gained 0.08% by 9:00 a.m.
London time, with oil and gas stocks leading the way, up 0.92%. Media stocks lagged, falling 0.
28%. Advertisement In the UK, the FTSE 100 climbed 0.19%, driven by a strong performance from Diageo.
The maker of Smirnoff and Guinness saw its stock jump 3% to 2569p after UBS upgraded it from "Sell" to "Buy" and raised its price target from 2300p to 2920p. Meanwhile, Associated British Foods slid 53p to 2139p as its shares went ex-dividend, and tobacco firms British American Tobacco and Imperial Brands lost 2%. Currys impresses with robust results Copy link to section In the FTSE 250, Currys emerged as a standout performer, surging 8% to 85.
1p. The electronics retailer's half-year results exceeded market expectations, reflecting improving business..
. Vatsala Gaur.
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European stocks up before ECB decision, Diageo leads FTSE 100, SNB cuts rate by 50 bps
European markets started the session in positive territory as investors prepared for the European Central Bank's final monetary policy decision of 2024. The pan-European Stoxx 600 index gained 0.08% by 9:00 a.m. London time, with oil and gas stocks leading the way, up 0.92%. Media stocks lagged,... - invezz.com