12:19 PM EST, 01/31/2025 (MT Newswires) -- European stock markets closed mixed Friday as the Stoxx Europe 60 rose 0.11%, Germany's DAX 40 eased 0.07%, the FTSE 100 in London gained 0.31%, France's CAC 40 rose 0.11% and the Swiss Market Index fell 0.06%.

In Germany, the estimated annual inflation rate for January is 2.3%, while the provisional monthly inflation rate is a decline of 0.2%, according to the Federal Statistical Office. Core inflation, which excludes food and energy prices, is expected to be 2.9%.

In France, the provisional annual inflation rate for January is 1.4%, up from 1.3% in December, according to the estimate from the Institute for Statistics and Economic Studies.

In the UK, home prices rose 4.1% in January from a year earlier, the Nationwide House Price Index showed. Seasonally adjusted house prices increased 0.1% from December.

in corporate news, Goldman Sachs' Russian unit's sale to Armenian investment firm Balchug Capital was approved by President Vladimir Putin, multiple news outlets reported, citing a presidential decree.

Shares of Smiths Group rose 11% in London as the British aerospace company plans to divest its Smiths Interconnect unit and separate its Smiths Detection unit, either by a spinoff or sale.

Deutsche Bank and Strategic Value Partners, among other owners of Celsa Group, will approach Spanish investors for a capital increase for the steelmaker, Bloomberg reported.

British pharmaceutical company AstraZeneca and Daiichi Sankyo's datopotamab deruxtecan was recommended for approval in the EU to treat a form of breast cancer.

AstraZeneca canceled a plan to invest 450 million pounds ($558.3 million) in a UK vaccine manufacturing plant in Liverpool.

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