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- European stocks close: stocks closed slightly higher as tensions over Ukraine and the weak economic data from Eurozone weighed on markets
European stocks close: stocks closed slightly higher as tensions over Ukraine and the weak economic data from Eurozone weighed on markets
Stock indices closed slightly higher as tensions over Ukraine and the weak economic data from Eurozone weighed on markets. Ukrainian president said yesterday Russian forces had entered the country.
Eurozone's unemployment rate remained unchanged at 11.5% in July, in line with expectations.
Eurozone's preliminary harmonized consumer price index declined to an annual rate of 0.3% in August from 0.4% in July, in line with expectations.
German retail sales fell 1.4% in July, missing expectations for a 0.1% gain, after a 1.0% rise in June. June's figure was revised down from a 1.3% increase.
Investors speculate that the European Central Bank will add new stimulus measures to support the economy.
Tesco Plc shares fell 6.9% after the company cut its full-year profit forecast.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,819.75 +13.95 +0.20%
DAX 9,470.17 +7.61 +0.08%
CAC 40 4,381.04 +15.00 +0.34%
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