European
stocks showed a mixed trend due to the mixed earnings results from companies
across Europe. Continuing violence in Ukraine also had a negative impact on
markets.
Eurozone’s
month-on-month retail sales increased to 0.3% in March from 0.1% in February. February’s
figure was revised down to 0.1% from 0.4%. Analysts forecasted a rise of 0.2%.
The number
of unemployed people in Spain declined by 111,600 in April from a 16,600
decrease in March. Analysts expected a fall of 49,100.
Balfour
Beatty Plc shares declined 18%. The CEO Andrew McNaughton quit his job after 13
months.
PostNL
shares climbed 9.4% after the announcing better-than-expected first quarter
earnings.
Barclays decreased
4.3% after the release of the weaker-than-expected first quarter earnings.
Current
figures:
Name Price Change Change %
FTSE 100 6,811.73 -10.69 -0.16%
DAX 9,529.93 +0.43 0.00%
CAC 40 4,460.04 -2.65 -0.06%
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