European markets mixed after global gains

European markets were mixed at the start of the mid trading day on Thursday ahead modest gains in the U.S. on Wednesday and Asia-Pacific markets overnight.

The pan-European Stoxx 600 was trading down 0.14 percent, after flipping between mild losses and gains during the morning, as banking stocks added 1.63 percent.

UK’s Oxford Nanopore tech company increased 6.5 percent shortly after reporting a doubling of revenue in half-year results.

Britain’s FTSE 100 index gained 0.35 percent as France’s CAC 40 fell 0.59 percent, and Germany’s DAX dipped 0.23 percent.

The euro zone bank index hit its highest level since June 10, according to Reuters report.

Noteworthy, European markets closed lower on Wednesday as investors reacted to the latest inflation data out of the U.S.

Elsewhere, Wall Street witness modest gains after a massive sell-off for U.S. stocks on Tuesday.

German energy giant Uniper gained back some of its early gains a day after announcing it was in nationalisation talks.