4:00 PM Frankfurt – European markets take a cautious view of ahead of the U.S. rate decision later in the week. Trinity Mirror is in talk to acquire remaining stake in Local World. Nokia received U.S. regulatory approval to acquire Alcatel Lucent.
European markets were on the defensive ahead of the U.S. Fed policy meeting later in the week.
Commodities and resources linked stocks led the decliners after another down day in oil and gold.
In London trading, FTSE 100 index fell 27.73 or 0.5% to 6,092.26 and in Frankfurt the DAX index gained 63.21 or 0.6% to 10,186.87.
In Paris, CAC 40 index slid 4.79 to 4,544.07.
Alcatel Lucent SA
gained 2.4% to €3.17 after the Finland-based Nokia received an approval from the Committee on Foreign Investment in the United States for its proposed acquisition of the wireless transmission services provider.
Croma Security Solutions Group Plc
advanced 4.6% to 45 pence after the U.K.-based vigilant security products provider wins two new contracts worth about £2.5 million.
Sprue Aegis Plc
jumped 5.2% to 328.75 pence after the U.K.-based smoking alarms systems maker said revenues in the first-half ending in June more than doubled from a year ago to £56 million from £23.8 million.
Profit in the period surged from a year ago to £7.7 million compared to £2.05 million and diluted earnings per share jumped to 16.8 pence from 4.9 pence.
slumped 2.4% to €16.21 after the Netherlands-based digital security services provider launched the Cinterion Secure Element a tamper-resistant component for industrial internet of Things solutions to protect against extreme environmental conditions.
Trinity Mirror Plc
soared 7.4% to 149.30 pence after the U.K.-based news publishing company is in talk with rival Local World Holdings Limited for potential acquisition of the remaining stake to complete a takeover of regional newspaper group for about £200 million.