Market news
05.02.2014, 11:31

Major stock indexes in Europe grow

European stocks rose slightly , interrupted in this case a series of three-day decline, as shares in banks and financial service companies rose . U.S. index futures are little changed, while Asian shares outside Japan fell .

The course of trade also affected data for the euro area , which showed that the private sector has quickened in January , while reaching the highest levels in the last two and a half growth, rapid growth of production eclipsed the more modest expansion in the services sector . According to the report , the final composite purchasing managers index from Markit, which measures business activity in the manufacturing sector and in the service sector , rose to 52.9 in January from 52.1 in the previous month . It was the highest result since June 2011 . Nevertheless , the final assessment was slightly pre - 53.2 at .

The data also showed that the index of business activity in the services sector rose to a four-month high in January - to the level of 51.6 from 51.9 . However , this result was below the pre-assessment at the level of 51.9 .

The Stoxx Europe 600 Index rose 0.4 percent.

The dynamics of the indices also affect expectations publication employment report from ADP. According to economists' forecasts , the number of employees increased by 191 million in January , compared with an increase of 238 thousand a month earlier.

Shares of Alfa Laval AB showed the largest increase since July 2011 - by 5.05 % , after the publication of the report for the fourth quarter , which exceeded estimates .

Cost of Swatch Group AG rose 4.8 percent after reporting an annual profit that was higher than the estimates of economists.

At the current moment

FTSE 100 6,467.68 +18.41 +0.29 %

CAC 40 4,123.96 +6.51 +0.16 %

DAX 9,115.39 -12.52 -0.14%


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