financetom
World
financetom
/
World
/
European Stocks Close Mixed Monday Trading; Strait of Hormuz to Reopen Under US, Iran Peace Deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
European Stocks Close Mixed Monday Trading; Strait of Hormuz to Reopen Under US, Iran Peace Deal
Jun 15, 2026 9:00 AM

11:43 AM EDT, 06/15/2026 (MT Newswires) -- The European stock markets closed mixed in Monday trading, despite the announcement of a peace deal between the US and Iran that includes the reopening of the Strait of Hormuz this week.

The Stoxx Europe advanced 0.2%, Germany's DAX climbed 1%, the FTSE 100 fell 0.5%, France's CAC gained 0.5%, and the Swiss Market Index edged 0.1% lower.

And in corporate news, the European Commission said Monday it has approved a joint venture between TotalEnergies and Masdar focused on renewable energy projects in the Asia-Pacific region.

The Commission said the transaction does not raise competition concerns because its impact on the European Economic Area is expected to be limited.

Shares of the French oil and gas company fell close to 5% in Paris.

Shell's Sprng Energy Indian renewable power business could be acquired by Aditya Birla Group, which has emerged as the frontrunner for the unit, Bloomberg reported Monday, citing people familiar with the matter.

An agreement for the unit could be signed in the coming weeks, according to the report. Shell is seeking a valuation of around $1.8 billion for the unit, but terms could change, Bloomberg cited the sources as saying.

Shares of the British oil and gas major lost 4.4% in London.

Equinor said Monday it is advancing a fourth phase of development at the Johan Sverdrup field in the North Sea after new appraisal wells confirmed additional recoverable oil volumes in the area.

The discoveries at Tonjer and Geitungen are estimated at 20-30 million barrels of oil equivalent and will be developed through a subsea tieback to existing infrastructure at Norway's largest oil-producing field, it said.

Shares of the Norwegian petroleum refiner dropped 6.5% in Oslo.

Deutsche Bank and JPMorgan Chase will participate in Singapore's planned gold-clearing system, media outlets reported Monday.

The over-the-counter clearing mechanism, to be established by the Singapore Exchange by the end of 2026, is expected to support interbank gold trading during Asian hours beginning next year, according to the reports. Singapore is also planning to introduce central bank gold vaulting services by October and expand tax exemptions for eligible funds and family offices in physical precious metals, the reports said.

Shares of Deutsche Bank gained 4% in Frankfurt.

HSBC said all of its digital banking services in Hong Kong had resumed normal operations before 2 p.m. local time after some customers encountered issues accessing the bank's mobile app earlier in the day, Reuters reported Monday.

The lender said it resolved the issue and apologized for the disruption after some customers experienced difficulties accessing certain services, according to the report.

Meanwhile, HSBC is also undergoing a potential sale of its Singapore insurance division, with Allianz emerging as the top bidder, Bloomberg News reported Sunday, citing unnamed people familiar with the matter and a HSBC spokesperson.

HSBC did not immediately respond to MT Newswires' requests for comment.

Shares of HSBC increased 0.6% in London.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TSX Down 215 Points at Midday, Healthcare, Technology, Lead Declines
TSX Down 215 Points at Midday, Healthcare, Technology, Lead Declines
Jan 13, 2025
12:23 PM EST, 01/13/2025 (MT Newswires) -- The Toronto Stock Exchange is down 215 points at midday, adding to the more than 300 points lost on Friday, with healthcare (-2%) and technology (-1.6%), the biggest decliners. Energy and telecoms are the sole gainers, up 0.33% and 0.7%, respectively. Global stock markets are weighed down by bond market volatility. Record valuations...
CANADA FX DEBT-Canadian dollar ends daily losing streak as bond yields climb
CANADA FX DEBT-Canadian dollar ends daily losing streak as bond yields climb
Jan 13, 2025
* Canadian dollar gains 0.1% against the greenback * Trades in a range of 1.4393 to 1.4447 * Price of U.S. oil settles 2.9% higher * 10-year yield rises to a six-month high By Fergal Smith TORONTO, Jan 13 (Reuters) - The Canadian dollar edged up against its U.S. counterpart on Monday and bond yields climbed to multi-month highs, with...
GLOBAL MARKETS-Stocks mostly ease as yields rise; investors weigh rate cut outlook
GLOBAL MARKETS-Stocks mostly ease as yields rise; investors weigh rate cut outlook
Jan 13, 2025
* Nasdaq ends lower, S&P 500 ends up slightly * Investors lower expectations on Fed easing in 2025 * Market watchers await US CPI data, due Wednesday (Updates with closing US market levels) By Caroline Valetkevitch NEW YORK, Jan 13 (Reuters) - Stock indexes mostly dipped on Monday, while U.S. Treasury 10-year yields touched 14-month highs as a resilient US...
Equities Mixed Intraday as Markets Await Bank Earnings, Inflation Data
Equities Mixed Intraday as Markets Await Bank Earnings, Inflation Data
Jan 13, 2025
02:38 PM EST, 01/13/2025 (MT Newswires) -- US benchmark equity indexes were mostly lower after midday Monday amid a decline in certain technology stocks as markets awaited inflation data and bank earnings due later in the week. The tech-heavy Nasdaq Composite was down 0.8% at 19,018.4 intraday, while the S&P 500 fell 0.1% to 5,819.3. The Dow Jones Industrial Average...
Copyright 2023-2026 - www.financetom.com All Rights Reserved