Dipo Olowookere
By Investors Hub
European stocks are mixed on Tuesday as investors await the latest developments in U.S.-China trade talks and look ahead to the outcome of central bank meetings this week in the U.S and Japan.
In economic news, a survey showed that the mood among German investors improved more than expected in September.
The ZEW institute’s economic sentiment index rose to -22.5 from -44.1 in August. Economists had expected a slight improvement to -37.0.
While the U.K.?s FTSE 100 Index is just above the unchanged line, the French CAC 40 Index is down by 0.2 percent and the German DAX Index is down by 0.5 percent.
Hikma Pharmaceuticals has moved notably higher on the day. The company, though its affiliate, Hikma Pharmaceuticals USA Inc., has launched a new prefilled syringe capability in the U.S.
Energy stocks such as BP Plc, Royal Dutch Shell and Total SA have also advanced despite oil prices falling after the United States hinted at the possible release of crude reserves.
Osram Licht AG has edged up slightly after the company recommended its shareholders accept a 4.3 billion euro bid from ams AG.
On the other hand, Zalando shares have slumped after a share placement by Kinnevik, a top investor in the e-commerce company.
