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- European stock markets mid session: stocks climbed slightly due to increasing regional car sales
European stock markets mid session: stocks climbed slightly due to increasing regional car sales
Stock
indices rose slightly due to increasing regional car sales. European car sales increased
for a ninth month by 4.3% in May.
But the
violence in Iraq still weighed on stock markets.
The ZEW
Centre for Economic Research released its index for Germany and the Eurozone.
The German economic sentiment dropped by 3.3 points to 29.8 in June from 33.1
in May. Analysts had expected an increase by 1.9 points to 35.0.
Eurozone’s
ZEW economic sentiment climbed to 58.4 in June from 55.2 in May, missing
expectations for a gain to 59.6.
The annual
rate of inflation in the U.K. declined 1.5% in May, after 1.8% in April. That
was the lowest level since October 2009.
Current
figures:
Name Price Change Change %
FTSE
100 6,755.72 +1.08 +0.02%
DAX 9,900.97 +16.99 +0.17%
CAC 40 4,513.19 +3.14 +0.07%
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