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Stock impact report

Europe's STOXX climbs with bank earnings in focus; Galp jumps [Reuters]

BNP PARIBAS SPONS ADR (BNPQY) 
NASDAQ:AMEX Investor Relations: invest.bnpparibas.com/en
Company Research Source: Reuters
to a 16-year high following a positive conclusion to its gas exploration in Namibia. The pan-continent STOXX 600 (.STOXX) New Tab , opens new tab added 0.5% by 0716 GMT, driven by a 0.5% gain in banks (.SX7P) New Tab , opens new tab European bank earnings will be in the spotlight this week as investors will get a clearer picture of whether higher interest rates are still boosting profits or if a year-long share price rally will run out of steam. BNP Paribas (BNPP.PA) New Tab , opens new tab , Deutsche Bank (DBKGn.DE) New Tab , opens new tab , Barclays (BARC.L) New Tab , opens new tab and Lloyds (LLOY.L) New Tab , opens new tab will report earnings later in the week. Among top movers, Galp Energia (GALP.LS) New Tab , opens new tab surged 17% after the Portuguese firm said that the Mopane field off the coast of Namibia could have at least 10 billion barrels of oil Alstom (ALSO.PA) New Tab , opens new tab gained 4.9% after the French train manufacturer agreed to Show less Read more
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