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- European Stocks close: the disappointing first quarter results of technology companies put pressure on stock markets
European Stocks close: the disappointing first quarter results of technology companies put pressure on stock markets
European
stock markets dropped due to tensions between Russia and Ukraine.
Neste Oil
shares – the Finnish oil refiner – were down 5.1%. The company’s first quarter
revenue missed forecast.
Electrolux
- the world’s second-biggest maker of home appliances – jumped 11.0% caused by
the better-than-expected first quarter earnings.
Renault SA
shares declined 2.5% after reporting the decline in 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.
Name Price Change Change %
FTSE
100 6,685.69 -17.31 -0.26%
DAX 9,401.55 -147.13 -0.58%
CAC 40 4,443.63 -35.91 -1.54%
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