The Old Continent area index, the Stoxx 600, lost a quarter of a point with sales focusing on pharmaceuticals and financials. Milan continues to stand out in Europe with the Ftse Mib rising by 0.85% to 31,949 points.

MPS stands out (+4.9%) with DeutscheBank raising its target price to 5.1 euros and confirming its 'buy' recommendation. Paris is weak (-0.06%) where Edenred leaves 14% with the top management in Italy under investigation for an alleged scam.