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- European stocks close: stocks traded higher due to European parliament elections results and the speech of the European Central Bank President Mario Draghi
European stocks close: stocks traded higher due to European parliament elections results and the speech of the European Central Bank President Mario Draghi
The stock
indices traded higher due to European parliament elections results and
the speech of the European Central Bank President Mario Draghi. Italia’s Prime
Minister Matteo Renzi’s party election victory boosted European stock markets.
Renzi’s Democratic Party scored a massive 41% of the vote.
The
European Central Bank President Mario Draghi signalled at the conference in
Sintra that the ECB will take action in June if the inflation should weaken.
German
consumer confidence published by Gfk remained unchanged at 8.5 in June, meeting
analysts’ expectations.
Markets in
the U.K. closed for a public holiday.
Banca
Popolare dell’Emilia Romagna SC shares increased 8.9%.
Atos shares
climbed 5.9% after the company reported to acquire rival Bull for about 620
million euros.
Indexes on
the close:
Name Price Change Change %
FTSE
100 closed
DAX 9,892.82 +124.81 +1.28%
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