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European stocks are sideways
European indices are in the green zone in flat. Investors are not in a hurry to shopping until we know the results of the EU summit. Positively influenced by the news that Greece is able to achieve certain results in the negotiations and the IMF, the ECB and the EU. However, the details are not known. Also positive is the fact that a French state investment bank, in order to stimulate economic growth in the country.
The objective of the bank is lending to small and medium businesses. The estimated capital of the bank 20 billion euros.
To date:
FTSE 100 5,917.33 +6.42 +0.11%
CAC 40 3,523.88 -3.62 -0.10%
DAX 7,412.95 +18.40 +0.25%
Nestle SA fell 2.5% as announced by the data on the volume of sales was below analysts' forecasts. The second largest producer of alcoholic beverages in France Remy Cointreau SA lost 6.9% in the quarter due to low profits. Actelion Ltd. added 1.6% to the cap after the largest Swiss biotech company reported a profit for the third quarter that exceeded analysts' estimates.
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