Market news
16.11.2012, 11:16

European stocks traded down

In the red zone opened trading in Europe. Adversely affect investors' expectations for U.S. actions. Barack Obama and the Congress should discuss ways out of the situation, when the country's growing unemployment and government debt.

French Prime Minister Jean-Marc Eyro during his visit to Berlin, held on Thursday, November 15, a number of important meetings, including Chancellor Angela Merkel (Angela Merkel) and Finance Minister Wolfgang Schäuble (Wolfgang Schuble). The talks are the joint action to resolve the crisis in the euro area and the steps the French government to improve the economic situation in France.

Based on macroeconomic data in the euro area had a recession. In the period from July to September this year, the combined GDP of 17 countries in the euro area declined by 0.1 percent compared to the previous quarter.

FTSE 100 5,638.26 -39.49 -0.70%

CAC 40 3,363.54 -18.86 -0.56%

DAX 6,986.71 -56.71 -0.81%

STMicroelectronics shares were down 1.7%. Henkel securities dropped in value by 3.9%. Himkontsern recorded sales growth in the third quarter at 2.5%, while analysts had expected the index by 3.4%.


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