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European stocks trade mixed to kick off November action after brutal October

November 1, 2018

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European stocks saw mixed trading action Thursday to kick off November, with the pan-European index rising, while London’s equity market retreated amid a surge in the pound following reports that an accord on Brexit may be at hand.

How did markets perform?

The Stoxx Europe 600 SXXP, +0.26% gained 0.3% to 362.818, after the index fell 5.6%, its largest one-month decline since January 2016.

Germany’s DAX 30 DAX, -0.07% edged 0.1% higher at 11,463.12, also following that bourse’s worst month in about two years. The DAX has fallen in three consecutive months. France’s CAC 40 PX1, -0.41% slipped 0.2% to 5,082.15, while the U.K.’s FTSE 100 UKX, -0.46% fell 0.2% at 7,112.11. October marked the worst monthly decline for the FTSE and CAC in about three years.

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