Market news
19.08.2014, 11:11

European stock markets mid session: stocks traded higher due to the better-than-forecasted corporate earnings

Stock indices traded higher due to the better-than-forecasted corporate earnings. A.P. Moeller-Maersk A/S shares increased 4% after the company upgraded its full-year profit forecast.

Eurozone's current account surplus dropped to 13.1 billion euros in June from a surplus of 19.8 billion euros in May, missing expectations for an increase to 21.3 billion euros. May's figure was revised up from a surplus of 19.5 billion euros.

Consumer price index in the UK decreased 0.3% in July, a 0.2% rise in June.

On a yearly basis, consumer price inflation the UK rose 1.6% in July, missing expectations for a 1.8% gain, after a 1.9% increase in June.

CPI, excluding food, energy, alcohol, and tobacco costs, jumped 1.8% in July, missing expectations for a 1.9% rise, after a 2.0% gain in June.

Sixt SE shares rose 4.5% after reporting the better-than-forecasted second-quarter earnings.

Current figures:

Name Price Change Change %

FTSE 100 6,767.93 +26.68 +0.40%

DAX 9,318.01 +72.68 +0.79%

CAC 40 4,244.38 +13.73 +0.32%

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