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European Stocks Split as London Rises and German, French Benchmarks Slip

France’s economy shrank 0.1% in the third quarter as exports declined, while U.K. home prices rose 0.5% year over year in October.

Three metal bars point in different directions on a stone ledge / TokenPost.ai
Three metal bars point in different directions on a stone ledge / TokenPost.ai

European stocks traded mixed Friday, Oct. 30, with London edging higher and German and French benchmarks lower, alongside fresh French economic data and a U.K. housing reading.

At 4:38 a.m. ET (08:38 UTC), London stocks had gained 0.32%. Germany’s DAX was down 0.33%, while France’s CAC 40 slipped 0.01%.

France’s economy contracted 0.1% in the third quarter as exports declined. October inflation was expected to rise to 3.4%, above estimates.

In the U.K., the Nationwide House Price Index rose 0.5% year over year in October.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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