Europe midday: Stoxx, FTSE 100 hit fresh intra-day highs
By Frank Prenesti
Date: Wednesday 12 Nov 2025
(Sharecast News) - European shares continued their rally this week, with the Stoxx and FTSE 100 both hitting fresh highs amid efforts to end the US government shutdown and a raft of corporate earnings.
The pan-regional Stoxx 600 index was up 0.67%, having hit a fresh intra-day high of 583.4. Britain's FTSE 100 was down 0.1% at 9,887.42, having hit new highs earlier in the session, as the index sets its sights on the 10,000 level.
A vote in the US Senate to approve a compromise bill to resume funding until the end of January was passed on Monday. It still needs lower house and presidential approval.
In economic news, German inflation eased slightly last month to 2.3%, the federal statistics office said on Wednesday, confirming preliminary data.
On a harmonised basis compared with other European Union countries, inflation stood at 2.4% year-on-year in September.
On the equities front, banks were in favour with ABN Amro up as the Dutch lender announced upbeat quarterly earnings and had bought domestic commercial lender NIBC Bank to strengthen its position in its home market.
Shares in UK energy utility SSE surged after results.
Infineon Technologies also jumped after the German semiconductor firm raised its 2026 revenue target for power supply solutions used in AI data centres, driven by growing demand.
French voucher provider Edenred plunged almost 10% and triggered a trading halt after cutting its 2026 profit guidance, blaming upcoming regulatory changes to Brazil's meal and food voucher system.
Reporting by Frank Prenesti for Sharecast.com
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