30.01.202608:38:59UTC+00European Stocks Finish January on a Positive Note

European equities saw modest gains on the last trading day of January, with the STOXX 50 index climbing by 0.3% and the STOXX 600 index rising by 0.1%, bouncing back from declines in the two previous sessions. Market participants remained attentive to corporate earnings reports while also analyzing significant economic indicators. Notably, shares of Adidas soared 4% after the company announced a 13% increase in its 2025 revenue projections, marking an all-time high. Likewise, CaixaBank experienced an increase of nearly 3% in its share price following a 1.8% rise in net profit. Electrolux appreciated by more than 16% after delivering a fourth-quarter operating profit that exceeded expectations. Among other prominent gainers were SAP, which rose by 3.6%, UniCredit with a 1.4% increase, and BBVA, which also gained 1.4%. Conversely, the mining sector underperformed, with Anglo American declining by 2.7%, Glencore down by 2.7%, and Rio Tinto falling by 2.5%. On the economic data front, France's economy grew by 0.2% in the fourth quarter, meeting forecasts, while Spain's economy exceeded expectations with a 0.8% expansion in GDP. For the entire month of January, the STOXX 50 recorded a 1.9% gain, and the STOXX 600 advanced 2.4%.