European shares rise on lower oil prices, bank strength ahead of earnings

Business Recorder • Oct 12, 2026

European shares rose on Monday, led by banking stocks as oil prices eased on hopes of Russia-Ukraine energy ceasefire, while investors awaited the start of the earnings season for fresh catalysts. The pan-European STOXX 600 index gained 0.43% to 634.25 points...

European shares rose on Monday, led by banking stocks as oil prices eased on hopes of Russia-Ukraine energy ceasefire, while investors awaited the start of the earnings season for fresh catalysts. The pan-European STOXX 600 index gained 0.43% to 634.25 points by 0709 GMT. Spain’s bank-heavy IBEX jumped 1.3%, the most among regional peers. Oil prices slipped on expectations of more Russian supplies after US President...