Limited movements in European stocks amid losses in the financial sector

European stocks recorded limited movement on Tuesday amid a decline in the financial sector that offset gains in mining stocks, while investors continue to search for evidence to support expectations that major central banks have finished raising interest rates.

The European STOXX 600 index rose 0.1 percent by 0810 GMT. With the banking index declining 0.6 percent, the mining company stock index rose 0.8 percent, supported by an increase in metal prices.

Investors are awaiting the minutes of the Federal Reserve’s latest monetary policy meeting, during which it kept interest rates unchanged and is scheduled to be published later on Tuesday.

Among individual stocks, the Swiss company Sonova, a manufacturer of hearing aid devices, topped the gains on the STOXX 600 index, rising 6.4 percent, supported by the company’s results.

Rheinmetall shares rose 5.2 percent after the German defense industry company announced its strategy for 2026.

Meanwhile, Monte dei Paschi di Siena shares fell 3.8 percent after Italy sold a 25 percent stake in the bank it received help to rescue.