European stocks dropped as concerns over the escalation of tensions between Russia and Ukraine are increasing. U.S. Secretary of State John Kerry warned Moscow to to imposing more sanctions.
Neste Oil shares
– the Finnish oil refiner – were down 6%. The company’s first quarter revenue
missed forecast.
Electrolux
- the world’s second-biggest maker of home appliances – jumped 9.5% caused by
the better-than-expected first quarter earnings.
Alstom shares
were suspended from trading in Paris. The French stock market authority AMF
demanded an explanation from Alstom. Alstom share were up about 10% in
yesterday’s trading because of the rumours that General Electric Co. wants to
buy Alstom.
Current
figures:
Name Price Change Change %
FTSE
100 6,682.2 -20.80 -0.31%
DAX 9,441.26 -107.42 -1.12%
CAC 40 4,462.92 -16.62 -0.37%
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