European shares fell on October 27, 2026, as HSBC's revenue miss weighed on banking stocks and continuing protests in France added to investor caution. The STOXX 600 was down 0.2% at 639.64 points by 0805 GMT.
European shares retreat as banks lead losses
The pan-European benchmark gave up some of its gains from the previous session, when it had climbed nearly 0.8%. The banking sector index fell 1.3%, while HSBC shares slumped 6.9%.
HSBC reported revenue below market expectations, partly reflecting slower growth in its wealth business. The results raised questions about the bank's ability to sustain revenue growth.
France protests and Novartis outlook
Student leaders in France vowed to continue protests despite government concessions on education. Concerns that the movement could spread to trade unions and other groups added to worries about economic disruption. French equities fell more than 2% the previous week.
Healthcare stocks provided some support to the broader market. Shares in Swiss drugmaker Novartis rose 3.1% after it raised its full-year core operating income guidance.
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